Alight Inc reports results for the quarter ended June 30 - Earnings Summary
Alight Inc reports results for the quarter ended June 30 - Earnings Summary
Alight Inc ALIT.N reported quarterly adjusted earnings of 91 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.00. The mean expectation of six analysts for the quarter was for earnings of 76 cents per share. Wall Street expected results to range from 56 cents to 94 cents per share.
Revenue fell 3.2% to $511.00 million from a year ago; analysts expected $497.01 million.
Alight Inc's reported EPS for the quarter was a loss of 38 cents.
The company reported a quarterly loss of $10 million.
Alight Inc shares had risen by 75.3% this quarter and lost 49.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 21.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for Alight Inc is $30.00, about 42.7% above its last closing price of $17.18
This summary was machine generated from LSEG data August 4 at 10:33 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 |
Jun. 30 2026 | 0.76 | 0.91 | Beat |
Mar. 31 2026 | 0.88 | 1.20 | Beat |
Dec. 31 2025 | 4.68 | 3.60 | Missed |
Sep. 30 2025 | 2.59 | 2.40 | Missed |
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