Alignment Healthcare Inc reports results for the quarter ended in December - Earnings Summary

Alignment Healthcare

28/02/2023 22:03

* Alignment Healthcare Inc  ALHC.OQ  reported a quarterly
adjusted
loss of 31 cents​​ per share for the quarter ended in December.
The mean expectation of ten analysts for the quarter was for a
loss of 30 cents per share.
    * Revenue rose 21.3% to $361.81 million from a year ago;
analysts
expected $341.11 million. 
    * Alignment Healthcare Inc's reported EPS for the quarter
was a
loss of 31 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Alignment Healthcare Inc shares had fallen by 18.3% this
quarter.
    * The company reported a quarterly loss of $56.9 million.
    * Wall Street's median 12-month price target for Alignment
Healthcare Inc is $19.00 
    * 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." 

This summary was machine generated from Refinitiv data February
28 at 10:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.30          -0.31          Missed
 Sep. 30 2022      -0.25          -0.22          Beat
 Jun. 30 2022      -0.26          -0.06          Beat
 Mar. 31 2022      -0.25          -0.23          Beat