Alight, Inc. (ALIT) Lags Q1 Earnings Estimates

Core Viewpoint - Alight, Inc. reported quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.12 per share, and showing a decline from $0.13 per share a year ago, indicating a negative earnings surprise of -16.67% [1] Financial Performance - The company posted revenues of $548 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.75%, but down from $816 million year-over-year [2] - Over the last four quarters, Alight has not surpassed consensus EPS estimates, although it has topped consensus revenue estimates three times [2] Stock Performance - Alight shares have declined approximately 24.4% since the beginning of the year, compared to a -4.3% decline in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.11 on revenues of $531.75 million, and for the current fiscal year, it is $0.61 on revenues of $2.35 billion [7] Industry Outlook - The Internet - Software industry, to which Alight belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]