Alight Inc reports results for the quarter ended December 31 - Earnings Summary

Alight

20/02/2025 15:21

* Alight Inc  ALIT.N  reported quarterly adjusted earnings
of 24
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 30
cents.  The mean expectation of eight analysts for the quarter
was for earnings of 22 cents per share. Wall Street expected
results to range from 9 cents to 25 cents per share.
    * Revenue fell 29.2% to $680.00 million from a year ago;
analysts
expected $676.55 million. 
    * Alight Inc's reported EPS for the quarter was 1 cent​.
    * The company reported quarterly net income of $8 million.
    * Alight Inc shares had fallen by 3.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Alight Inc is
$11.00 
This summary was machine generated from LSEG data February 20 at
03:20 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.22           0.24           Beat
 Sep. 30 2024      0.09           0.09           Met
 Jun. 30 2024      0.11           0.11           Met
 Mar. 31 2024      0.12           0.13           Beat