Conduent (Conduent) Retained Earnings : $-2,849 Mil (As of Dec. 2023)

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What is Conduent Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Conduent's retained earnings for the quarter that ended in Dec. 2023 was $-2,849 Mil.

Conduent's quarterly retained earnings declined from Jun. 2023 ($-2,561 Mil) to Sep. 2023 ($-2,852 Mil) but then increased from Sep. 2023 ($-2,852 Mil) to Dec. 2023 ($-2,849 Mil).

Conduent's annual retained earnings declined from Dec. 2021 ($-2,351 Mil) to Dec. 2022 ($-2,543 Mil) and declined from Dec. 2022 ($-2,543 Mil) to Dec. 2023 ($-2,849 Mil).

Conduent Retained Earnings Historical Data

The historical data trend for Conduent's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Conduent Retained Earnings Chart

Conduent Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-2,185.00

-2,313.00

-2,351.00

-2,543.00

-2,849.00

Conduent Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-2,543.00	-2,551.00	-2,561.00	-2,852.00	-2,849.00

Conduent Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Conduent (NAS:CNDT) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Conduent (Conduent) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Conduent Inc (NAS:CNDT) » Definitions » Retained Earnings

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Address

100 Campus Drive, Suite 200, Florham Park, NJ, USA, 07932

Website

https://www.conduent.com

Conduent Inc acts as a provider of business process services with expertise in transaction-intensive processing, analytics, and automation. The company provides industry-focused service offerings in growth markets such as Healthcare and Transportation as well as provides multi-industry services such as transaction processing, customer care, and payment services. It operates through three segments namely Commercial Industries which is the key revenue-driving segment, Government Services, and Transportation. The group operates its business in the United States, Europe, and Other areas of which the majority of its revenue is generated in the United States.

Executives

Clifford Skelton	officer: Pres.& Chief Operating Officer	100 CAMPUS DRIVE, SUITE 200, FLORHAM PARK NJ 07932
Stephen Henry Wood	officer: VP, Corporate Controller	100 CAMPUS DRIVE, SUITE 200E, FLORHAM PARK NJ 07932
Randall Edmon King	officer: EVP, Commercial Solutions	100 CAMPUS DRIVE, SUITE 200, FLORHAM PARK NJ 07932
Mark E King	officer: EVP, Government Solutions	100 CAMPUS DRIVE, SUITE 200, FLORHAM PARK NJ 07932
Louis Edward Keyes	officer: Executive Vice President & CRO	100 CAMPUS DRIVE, SUITE 200E, FLORHAM PARK NJ 07932
Michael E Krawitz	officer: EVP, GC & Secretary	1690 S CONGRESS AVE, STE 201, DELRAY BEACH FL 33445
Mark Simon Brewer	officer: EVP & President -Public Sector	100 CAMPUS DRIVE, SUITE 200, FLORHAM PARK NJ 07932
Mark Prout	officer: EVP, Chief Information Officer	100 CAMPUS DRIVE, SUITE 200E, FLORHAM PARK NJ 07932
A. Scott Letier	director	5956 SHERRY LN, SUITE 800, DALLAS TX 75225
Steven D Miller	director	16690 COLLINS AVENUE, PH, SUNNY ISLE BEACH FL 33160
Hunter Clark Gary	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Michael Montelongo	director	203 EAST MAIN STREET, SPARTANBURG SC 29319
Hernandez Margarita Palau	director	300 N. SAN RAFAEL AVE., PASADENA CA 91105
Higgins Victor Kathy J	director	7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
Carl C Icahn	10 percent owner	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160