Alight Inc expected to post earnings of 9 cents a share - Earnings Preview

Alight

08/11/2024 15:35

* Alight Inc  ALIT.N   ALIT.K  is expected to show a fall in
quarterly revenue when it reports  results on November 12 for
the period ending September 30 2024
    * The Lincolnshire Illinois-based  company is expected to
report a
33.6% decrease in revenue to $539.685 million from $813 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Alight Inc is for
earnings of
9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Alight Inc
is
$11.00​, above​ its last closing price of $7.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.11        0.11       0.11      Met     -3.3
 Mar. 31 2024  0.12        0.12       0.13      Beat    8.4
 Dec. 31 2023  0.26        0.26       0.30      Beat    16.3​
 Sep. 30 2023  0.12        0.13       0.14      Beat    10.9
 ​​Jan.        0.12        0.12       0.14      Beat    14.6
 1 0001                                                 
 Mar. 31 2023  0.12        0.12       0.13      Beat    5.7​
 Jan. 1 0001   0.19        0.20       0.20      Met     -0.4
 Sep. 30 2022  0.07        0.06       0.12      Beat    92
 This summary was machine generated November 8 at 15:35 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)