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Stock impact report

Do Its Financials Have Any Role To Play In Driving Conduent Incorporated's (NASDAQ:CNDT) Stock Up Recently? [Yahoo! Finance]

Conduent Incorporated (CNDT) 
Last conduent incorporated earnings: 2/20 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.conduent.com
Company Research Source: Yahoo! Finance
Conduent's ROE today. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital. How Do You Calculate Return On Equity? The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Conduent is: 3.6% = US$32m ÷ US$897m (Based on the trailing twelve months to June 2024). The 'return' refers to a company's earnings over the last year. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.04 in profit. What Is The Relationship Between ROE And Earnings Growth? So far, we've learned that ROE is a measure of a company's profitability. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluat Show less Read more
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