ALIT Earnings Prediction
The chart below shows how ALIT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ALIT sees a +1.18% change in stock price 10 days leading up to the earnings, and a +0.77% change 10 days following the report. On the earnings day itself, the stock moves by -0.44%. This data can give you a slight idea of what to expect for the next quarter's release.
ALIT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
555.00M
-0.36%
3.16%
Gross Margin
18.02%
10.28%
3.15%
Operating Margin
-1.62%
-43.55%
-41.94%
Net Margin
-7.93%
10.45%
971.62%
EPS
-0.14
-40.00%
-450.00%
No Data Available
ALIT Earnings Analysis
Alight, Inc. Corporation (ALIT.N) Earnings Conference Call
Positive
Quarterly Revenue Performance: The company announced a quarterly revenue of $555 million, which was better than expected, reflecting strong performance in recurring revenue.
Recurring Revenue Improvement: Recurring revenue growth improved sequentially and was up 19% from the prior year, indicating a positive trend in long-term contracts.
Improved EBITDA Margin: Adjusted EBITDA margin was 21.3%, up 90 basis points from the prior year, showcasing improved profitability.
Quarterly Dividend Announcement: The company is initiating a quarterly dividend of $0.04 per share beginning in the fourth quarter, reflecting a commitment to returning capital to shareholders.
Sales Pipeline Growth: The sales pipeline is up over 60%, indicating strong demand and growth opportunities in the market.
Negative
Revenue Decline Analysis: Revenue was $555 million, down 0.5% from the prior year.
Recurring Revenue Improvement: Recurring revenue growth rate tied to our long-term contracts improved sequentially and was nearly flat from the prior year.
Non-Recurring Revenue Decline: Non-recurring project revenues, which represent less than 10% of the total revenue, were down $2 million or roughly 4%.
Fourth Quarter Revenue Forecast: We still expect total fourth quarter revenue of $665 million to $685 million and fully year revenue of $2.338 billion to $2.358 billion.
Projected Revenue Decline: We have not seen a significant shift in overall client demand and estimate project revenues to be down approximately 20% in the fourth quarter.
ALIT FAQs
How does ALIT typically perform around its earnings report dates?
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ALIT Earning Call Sentiment
Alight, Inc. (ALIT) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
ALIT.N
0.89%Positive
The earnings call summary indicates strong financial performance with a 10% revenue increase, improved margins, and a significant rise in net income. The share repurchase program is a positive signal for shareholder returns. Despite some risks such as supply chain challenges and competitive pressures, the company's optimistic outlook on growth and new product launches supports a positive sentiment. The Q&A session did not reveal significant concerns, and the market cap suggests moderate stock price sensitivity, leading to a positive prediction of 2% to 8% increase over the next two weeks.
