Alight (ALIT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Alight, Inc. (NYSE:ALIT ) Q1 2025 Results Conference Call May 8, 2025 8:30 AM ET Company Participants Jeremy Cohen - Head of Investor Relations David Guilmette - Chief Executive Officer Jeremy Heaton - Chief Financial Officer Conference Call Participants Scott Schoenhaus - KeyBanc Capital Markets Kyle Peterson - Needham & Company Pete Christiansen - Citi Operator Good morning, and thank you for holding. My name is Venju and I will be your conference operator today.
Alight, Inc. (ALIT) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.13 per share a year ago.
Alight's stock has declined 26%, but management's focus on free cash flow and business simplification suggests a potential turning point. Management's efforts in cloud migration, recurring revenue growth, and AI enhancements in the Alight Worklife platform show promising signs of future profitability and efficiency. The ambitious goal of accumulating $1 billion in free cash flow by 2027 boosts confidence in Alight's turnaround potential.
Alight, Inc. (NYSE:ALIT ) Q4 2024 Results Conference Call February 20, 2025 8:30 AM ET Company Participants Jeremy Cohen - Head, Investor Relations Dave Guilmette - Chief Executive Officer Jeremy Heaton - Chief Financial Officer Conference Call Participants Kyle Peterson - Needham & Company Kevin McVeigh - UBS Scott Schoenhaus - KeyBanc Capital Markets Tien-Tsin Huang - JPMorgan Peter Heckmann - D.A. Davidson Pete Christiansen - Citi Joseph Vafi - Canaccord Genuity Operator Good morning, and thank you for holding.
Alight, Inc. (ALIT) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.30 per share a year ago.
Ready for the inaugurations? Yes, with a plural.
Alight (ALIT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Alight (ALIT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Alight, Inc. ALIT reported better-than-expected third-quarter sales results and issued fourth-quarter adjusted EPS guidance with its midpoint above estimates on Tuesday.
Alight, Inc. (NYSE:ALIT ) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Jeremy Cohen - Head, Investor Relations Dave Guilmette - Chief Executive Officer Jeremy Heaton - Chief Financial Officer Conference Call Participants Kevin McVeigh - UBS Scott Schoenhaus - KeyBanc Capital Markets Tien-Tsin Huang - JPMorgan Kyle Peterson - Needham & Company Pete Christiansen - Citi Pallav Saini - Canaccord Genuity Operator Good morning and thank you for holding. My name is Suvendu, and I will be your conference operator today.
Alight, Inc. (ALIT) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.14 per share a year ago.