Alight Inc expected to post earnings of 11 cents a share - Earnings Preview

Alight

02/08/2024 19:07

* Alight Inc  ALIT.N   ALIT.K  is expected to show a fall in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Lincolnshire Illinois-based  company is expected to
report a
0.6% decrease in revenue to $801.033 million from $806 million a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Alight Inc is for
earnings of
11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 3.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Alight Inc
is
$12.00​, above​ its last closing price of $7.34. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.12        0.12       0.13      Beat    8.4
 Dec. 31 2024  0.26        0.26       0.30      Beat    16.3
 Sep. 30 2023  0.12        0.13       0.14      Beat    10.9​
 Jan. 1 0001   0.12        0.12       0.14      Beat    14.6
 ​​Mar.        0.12        0.12       0.13      Beat    5.7
 31 2023                                                
 Dec. 31 2022  0.19        0.20       0.20      Met     -0.4​
 Sep. 30 2022  0.07        0.06       0.12      Beat    92
 Jun. 30 2022  0.12        0.12       0.12      Met     -1.6
 This summary was machine generated August 2 at 18:07 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)