Alignment Healthcare Q3 EPS $(0.19) Misses $(0.18) Estimate, Sales $456.71M Beat $443.92M Estimate
Portfolio Pulse from mahesh@benzinga.com
Alignment Healthcare (NASDAQ:ALHC) reported Q3 losses of $(0.19) per share, missing the analyst consensus estimate of $(0.18) by 5.56%. However, the company's quarterly sales of $456.71 million beat the estimate of $443.92 million by 2.88%. This represents a 26.74% increase over sales from the same period last year.
November 02, 2023 | 8:19 pm
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Alignment Healthcare's Q3 earnings per share missed estimates, but sales exceeded expectations and showed significant YoY growth.
While the company's earnings per share fell short of estimates, the strong sales performance and YoY growth could offset the negative impact of the earnings miss in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100