Alignment Healthcare Inc expected to post a loss of 22 cents a share - Earnings Preview

Alignment Healthcare

02/08/2023 03:08

* Alignment Healthcare Inc  ALHC.OQ   ALHC.O  is expected
to show
a rise in quarterly revenue when it reports  results on August
3. 
    * The Orange California-based  company is expected to report
 a
19.8% increase in revenue to $439.027 million from $366.47
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on May
4 2023, for the period ended June 30, was for revenue between
$433.00 million and $438.00 million.
    * ​Refinitiv's mean analyst estimate for Alignment
Healthcare Inc
is for a loss of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"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 $5.88.
​​​

The company's guidance on May 4 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 433 million and -10 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  
 Mar. 31 2023  -0.26       -0.25      -0.20     Beat    21.4
 Dec. 31 2023  -0.30       -0.30      -0.31     Missed  -4.3
 Sep. 30 2022  -0.24       -0.25      -0.22     Beat    10.5​
 Jun. 30 2022  -0.26       -0.26      -0.06     Beat    76.7
 ​​Mar.        -0.25       -0.25      -0.23     Beat    6.5
 31 2022                                                
 Dec. 31 2021  -0.31       -0.30      -0.27     Beat    9.6​
 Sep. 30 2021  -0.17       -0.17      -0.26     Missed  -51.5
 Jun. 30 2021  -0.11       -0.11      -0.25     Missed  -127.3
 This summary was machine generated August 2 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated