Stock News Summary: Conduent Incorporated (NYSE:CNDT)

On 20 Sep 2019, Conduent Incorporated (NYSE:CNDT) has shown upward/downward moved of -3.40% and ended the last trade at $6.82. The shares recorded trading volume 3,188,992 shares as compared to its average volume of 3,267,238 shares.

Conduent Incorporated (CNDT) recently reported a alliance with PayPal that will simplify secure child support payments made by employers and individuals in the United States.

Using Conduent’s ExpertPay® platform, users can now make payments to child support agencies in all 50 states via their PayPal accounts. The accounts are easily linked to ExpertPay, which securely and quickly distributes the funds to the agencies. This eliminates the need for credit card or bank information for the transaction.

“As a market leader in child support, we’re teaming up with PayPal to offer businesses and citizens more convenient and secure options,” stated Mark Brewer, President, Global Public Sector Solutions, Conduent. “This alliance also supports the mission of our state government clients, which must ensure child support payments are delivered to the families and children who need them.”

EPS growth for this year is -41.00% and EPS growth for next year is expected to reach at -3.57%. EPS growth in past five years was -38.30% while EPS growth in next five years is projected to arrive at -11.00%. Sales growth past 5 years was measured at -4.80%.

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