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

Alignment Healthcare

03/11/2022 21:02

* Alignment Healthcare Inc  ALHC.OQ  reported a quarterly
adjusted
loss of 22 cents​​ per share for the quarter ended in September.
The mean expectation of eleven analysts for the quarter was
for a loss of 25 cents per share.
    * Revenue rose 22.8% to $360.35 million from a year ago;
analysts
expected $333.40 million. 
    * Alignment Healthcare Inc's reported EPS for the quarter
was a
loss of 22 cents​.
    * The mean earnings estimate of analysts had risen by
about 6.3%
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 12.0% this
quarter and lost 5.7% so far this year.
    * The company reported a quarterly loss of $40.25 million.
    * Wall Street's median 12-month price target for Alignment
Healthcare Inc is $20.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.30          -0.27          Beat