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

Alight

09/05/2023 14:33

* Alight Inc  ALIT.N  reported quarterly adjusted earnings
of 13
cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
12 cents per share.
    * Revenue rose 14.6% to $831.00 million from a year ago;
analysts
expected $803.68 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 5.2%
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 fallen by 1.8% this quarter and
gained 8.1% so far this year.
    * The company reported a quarterly loss of $68 million.
    * Wall Street's median 12-month price target for Alight Inc
is
$14.25 
    * 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 LSEG Refinitiv data May
9 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.12           0.13           Beat
 Dec. 31 2022      0.20           0.20           Met
 Sep. 30 2022      0.06           0.12           Beat
 Jun. 30 2022      0.12           0.12           Met