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

Alight

21/02/2023 22:39

* Alight Inc  ALIT.N  reported quarterly adjusted earnings
of 20
cents​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for earnings
of 20 cents per share.
    * Revenue rose 9% to $942.00 million from a year ago;
analysts
expected $917.76 million. 
    * Alight Inc's reported EPS for the quarter was a loss of 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Alight Inc shares had risen by 14.6% this quarter.
    * The company reported a quarterly loss of $65 million.
    * Wall Street's median 12-month price target for Alight Inc
is
$13.00 
    * 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." 

This summary was machine generated from Refinitiv data February
21 at 10:39 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.20           0.20           Met
 Sep. 30 2022      0.06           0.12           Beat
 Jun. 30 2022      0.12           0.12           Met
 Mar. 31 2022      0.10           0.12           Beat