Alignment Healthcare(US:ALHC) ZACKSยท2024-10-22 15:06Company Overview - Alignment Healthcare (ALHC) is expected to report a year-over-year increase in earnings driven by higher revenues for the quarter ended September 2024, with the earnings report scheduled for October 29, 2024 [1] - The consensus estimate anticipates a quarterly loss of $0.14 per share, reflecting a year-over-year change of +26.3%, while revenues are projected to be $661.45 million, up 44.8% from the previous year [2] Estimate Revisions - The consensus EPS estimate has been revised 0.78% lower over the last 30 days, indicating a reassessment by analysts regarding the company's earnings prospects [3] - The Most Accurate Estimate for Alignment Healthcare is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.03%, suggesting a bearish outlook from analysts [6] Earnings Surprise History - In the last reported quarter, Alignment Healthcare was expected to post a loss of $0.14 per share but actually reported a loss of $0.13, resulting in a surprise of +7.14% [7] - Over the last four quarters, the company has only beaten consensus EPS estimates once [7] Earnings ESP and Zacks Rank - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [5] - Alignment Healthcare currently holds a Zacks Rank of 2, but the negative Earnings ESP makes it challenging to predict an earnings beat [6] Industry Comparison - Life Time Group Holdings, Inc. (LTH), another player in the Zacks Medical Services industry, is expected to report earnings per share of $0.21 for the same quarter, indicating a year-over-year change of +61.5% [9] - Life Time Group Holdings has seen an 8.3% upward revision in its consensus EPS estimate over the last 30 days, with a higher Most Accurate Estimate leading to an Earnings ESP of 14.63%, suggesting a likely earnings beat [9]