Conduent Incorporated (NASDAQ:CNDT) shareholders are probably feeling a little disappointed, since its shares fell 5.0% to US$4.20 in the week after its latest annual results. Conduent reported US$3.4b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$2.23 beat expectations, being 6.2% higher than what the analysts expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for Conduent

Following the recent earnings report, the consensus from twin analysts covering Conduent is for revenues of US$3.19b in 2025. This implies a small 4.9% decline in revenue compared to the last 12 months. The company is forecast to report a statutory loss of US$0.49 in 2025, a sharp decline from a profit over the last year. Before this earnings announcement, the analysts had been modelling revenues of US$3.29b and losses of US$0.27 per share in 2025. So it's pretty clear the analysts have mixed opinions on Conduent after this update; revenues were downgraded and per-share losses expected to increase.

The analysts lifted their price target 7.7% to US$7.00, implicitly signalling that lower earnings per share are not expected to have a longer-term impact on the stock's value.

Of course, another way to look at these forecasts is to place them into context against the industry itself. One thing that stands out from these estimates is that revenues are expected to keep falling until the end of 2025, roughly in line with the historical decline of 4.6% per annum over the past five years. Compare this against analyst estimates for companies in the broader industry, which suggest that revenues (in aggregate) are expected to grow 6.6% annually. So while a broad number of companies are forecast to grow, unfortunately Conduent is expected to see its revenue affected worse than other companies in the industry.

The Bottom Line

The most important thing to note is the forecast of increased losses next year, suggesting all may not be well at Conduent. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for Conduent going out as far as 2026, and you can see them free on our platform here.

Even so, be aware that Conduent is showing 2 warning signs in our investment analysis , you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.