Alight(ALIT)
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Alight(ALIT) - 2024 Q2 - Quarterly Report
2024-08-06 20:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _______________________________________________ FORM 10-Q _______________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39299 ____________________________ ...
Alight(ALIT) - 2024 Q2 - Earnings Call Transcript
2024-08-06 16:41
Alight, Inc. (NYSE:ALIT) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Jeremy Cohen - Head, IR Stephan Scholl - CEO Jeremy Heaton - CFO Greg Goff - President Conference Call Participants Scott Schoenhaus - KeyBanc Capital Markets Kevin McVeigh - UBS Joseph Vafi - Canaccord Genuity Tien-Tsin - Huang JPMorgan Pete Christiansen - Citi Emily Marzo - Bank of America Steven Wahrhaftig - Wedbush Securities Operator Good morning and thank you for holding. My name is Ryan and I will ...
Alight, Inc. (ALIT) Lags Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-06 14:15
Alight, Inc. (ALIT) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.33%. A quarter ago, it was expected that this company would post earnings of $0.12 per share when it actually produced earnings of $0.13, delivering a surprise of 8.33%.Over the last four quarters, the company has ...
Alight(ALIT) - 2024 Q2 - Quarterly Results
2024-08-06 11:50
Exhibit 99.1 Alight Reports Second Quarter 2024 Results – Announces CEO succession plan – – Continuing operations BPaaS revenue increased 13% – – 97% of 2024 Revenue Under Contract – – Key wins with UPS, Wayfair, American Honda Motor Company & The Adecco Group – – Completed cloud migration program and fully decommissioned data center – – Repurchased $80 million of common stock – CHICAGO, IL – August 6, 2024 – Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and b ...
All You Need to Know About Alight (ALIT) Rating Upgrade to Buy
ZACKS· 2024-06-17 17:01
Investors might want to bet on Alight, Inc. (ALIT) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Ind ...
ALIT vs. FFIV: Which Stock Is the Better Value Option?
ZACKS· 2024-06-17 16:40
Investors interested in Internet - Software stocks are likely familiar with Alight, Inc. (ALIT) and F5 Networks (FFIV) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores ...
After Plunging -10.68% in 4 Weeks, Here's Why the Trend Might Reverse for Alight (ALIT)
ZACKS· 2024-06-17 14:36
A downtrend has been apparent in Alight, Inc. (ALIT) lately with too much selling pressure. The stock has declined 10.7% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, fo ...
Is The Options Market Predicting a Spike In Alight (ALIT) Stock?
ZACKS· 2024-06-11 18:05
Investors in Alight, Inc. (ALIT) need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 16, 2024 $5.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean ...
Alight(ALIT) - 2024 Q1 - Earnings Call Transcript
2024-05-09 07:02
Alight, Inc. (NYSE:ALIT) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Jeremy Cohen - Head, Investor Relations Stephan Scholl - Chief Executive Officer Jeremy Heaton - Chief Financial Officer Greg Goff - President Katie Rooney - Chief Operating Officer Conference Call Participants Kevin McVeigh - UBS Scott Schoenhaus - KeyBanc Kyle Peterson - Needham Peter Heckmann - D.A. Davidson Peter Christiansen - Citi Joseph Vafi - Canaccord Genuity Emily Marzo - Bank of America Tien-tsin ...
Alight, Inc. (ALIT) Beats Q1 Earnings Estimates (Revised)
Zacks Investment Research· 2024-05-08 22:11
Alight, Inc. (ALIT) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this company would post earnings of $0.25 per share when it actually produced earnings of $0.30, delivering a surprise of 20%.Over the last four quarters, the company has sur ...