Alignment Healthcare Inc expected to post a loss of 18 cents a share - Earnings Preview

Alignment Healthcare

01/11/2023 02:46

* Alignment Healthcare Inc  ALHC.OQ   ALHC.O  is expected
to show
a rise in quarterly revenue when it reports  results 
    * The Orange California-based  company is expected to report
 a
23.2% increase in revenue to $443.924 million from $360.35
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data. The company's guidance on August 3
2023, for the period ended September 30, was for revenue between
$440.00 million and $445.00 million.
    * ​Refinitiv's mean analyst estimate for Alignment
Healthcare Inc
is for a loss of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Alignment
Healthcare Inc is $10​, above​ its last closing price of $6.88.
​​​

The company's guidance on August 3 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 440 million and -9
million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.21       -0.22      -0.15     Beat    31.4
 Mar. 31 2023  -0.26       -0.25      -0.20     Beat    21.4
 Dec. 31 2022  -0.30       -0.30      -0.31     Missed  -4.3​
 Sep. 30 2022  -0.24       -0.25      -0.22     Beat    10.5
 ​​Jun.        -0.26       -0.26      -0.06     Beat    76.7
 30 2022                                                
 Mar. 31 2022  -0.25       -0.25      -0.23     Beat    6.5​
 Dec. 31 2021  -0.31       -0.30      -0.27     Beat    9.6
 Sep. 30 2021  -0.17       -0.17      -0.26     Missed  -51.5
 This summary was machine generated November 1 at 02:45 GMT.  All
figures in US dollars  unless otherwise stated