ALIT Stock Recent News
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LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight's 2024 Global Impact Report showcases company progress and plans across its key environmental, social and governance (ESG) focus areas.
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 Huang - JPMorgan Chase Operator Good morning and thank you for holding.
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.
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 (ALIT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Alight (ALIT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here is how Alight, Inc. (ALIT) and Criteo S.A. (CRTO) have performed compared to their sector so far this year.
Alight, Inc. has sold its professional services and payroll outsourcing business for $1.2 billion to HIG Capital, which will strengthen its revenue margins and visibility in the labor employment market. Alight's main revenue sources are employer solutions and professional/payroll services, with employer solutions accounting for 87% of gross profit in Q4 2023. The deal with HIG Capital is expected to be finalized in H2 2024, and Alight plans to use the proceeds for debt repayment, reinvestment, and share buybacks.
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