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

Alignment Healthcare

04/05/2023 22:42

* Alignment Healthcare Inc  ALHC.OQ  reported a quarterly
adjusted
loss of 20 cents​​ per share for the quarter ended in March. The
mean expectation of ten analysts for the quarter was for a loss
of 25 cents per share.
    * Revenue rose 27.1% to $439.16 million from a year ago;
analysts
expected $431.37 million. 
    * Alignment Healthcare Inc's reported EPS for the quarter
was a
loss of 20 cents​.
    * The mean earnings estimate of analysts had fallen by
about 47.1%
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 risen by 4.7% this
quarter and lost 43.4% so far this year.
    * The company reported a quarterly loss of $37.28 million.
    * Wall Street's median 12-month price target for Alignment
Healthcare Inc is $12.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
4 at 09:42 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.25          -0.20          Beat
 Dec. 31 2022      -0.30          -0.31          Missed
 Sep. 30 2022      -0.25          -0.22          Beat
 Jun. 30 2022      -0.26          -0.06          Beat