Alignment Healthcare Inc expected to post a loss of 30 cents a share - Earnings Preview

Alignment Healthcare

25/02/2023 03:08

* Alignment Healthcare Inc  ALHC.OQ   ALHC.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
28. 
    * The Orange California-based  company is expected to report
 a
14.4% increase in revenue to $341.114 million from $298.27
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
November 3 2022, for the period ended December 31, was for
revenue between $338.00 million and $343.00 million.
    * ​Refinitiv's mean analyst estimate for Alignment
Healthcare Inc
is for a loss of 30 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 $19​, above​ its last closing price of $9.27.
​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 338 million and -27
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  
 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. 31 2022  -0.25       -0.25      -0.23     Beat    6.5​
 Dec. 31 2021  -0.31       -0.30      -0.27     Beat    9.6
 ​​Sep.        -0.17       -0.17      -0.26     Missed  -51.5
 30 2021                                                
 Jun. 30 2021  -0.11       -0.11      -0.25     Missed  -127.3
                                                        ​
 Mar. 31 2021  -0.19       -0.19      -0.35     Missed  -84.2
 This summary was machine generated February 25 at 03:08 GMT. 
All figures in US dollars  unless otherwise stated