Alight Q2 Adj EPS $0.05 Misses $0.11 Estimate, Sales $538.00M Miss $801.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alight reported Q2 adjusted EPS of $0.05, missing the $0.11 estimate. Sales were $538.00M, falling short of the $801.03M estimate.
August 06, 2024 | 11:47 am
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NEGATIVE IMPACT
Alight reported Q2 adjusted EPS of $0.05, missing the $0.11 estimate. Sales were $538.00M, falling short of the $801.03M estimate.
Alight's significant miss on both EPS and sales estimates is likely to negatively impact its stock price in the short term as investors react to the disappointing financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100