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

Alight

01/08/2023 23:28

* Alight Inc  ALIT.N  reported quarterly adjusted earnings
of 14
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 12 cents per share.
    * Revenue rose 12.7% to $806.00 million from a year ago;
analysts
expected $800.78 million. 
    * Alight Inc's reported EPS for the quarter was a loss of 14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Alight Inc shares had risen by 5.8% this quarter and
gained 17.0% so far this year.
    * The company reported a quarterly loss of $67 million.
    * Wall Street's median 12-month price target for Alight Inc
is
$14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 10:27 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.12           0.14           Beat
 Mar. 31 2023      0.12           0.13           Beat
 Dec. 31 2022      0.20           0.20           Met
 Sep. 30 2022      0.06           0.12           Beat