Alight Inc expected to post earnings of 12  cents a share - Earnings Preview

Alight

06/06/2023 04:08

* Alight Inc  ALIT.N   ALIT.K  is expected to show a rise in
quarterly revenue when it reports  results on June 8
(estimated). 
    * The Las Vegas Nevada-based  company is expected to report 
a
12.2% increase in revenue to $802.159 million from $715 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Alight Inc is for
earnings of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 5.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Alight Inc
is
$14.25​, above​ its last closing price of $8.77. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.12        0.12       0.13      Beat    5.7
 Dec. 31 2023  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
 ​​Mar.        0.10        0.10       0.12      Beat    24.1
 31 2022                                                
 Dec. 31 2021  0.17        0.18       0.13      Missed  -25.7​
 Sep. 30 2021  0.13        0.13       0.18      Beat    42.9
 This summary was machine generated June 6 at 03:07 GMT.  All
figures in US dollars  unless otherwise stated