Alignment Healthcare ALHC reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Alignment Healthcare beat estimated earnings by 20.0%, reporting an EPS of $-0.2 versus an estimate of $-0.25.
Revenue was up $93.63 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 19.22% drop in the share price the next day.
Here's a look at Alignment Healthcare's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.30 | -0.25 | -0.26 | -0.25 |
| EPS Actual | -0.31 | -0.21 | -0.06 | -0.23 |
| Revenue Estimate | 341.11M | 333.40M | 337.97M | 332.48M |
| Revenue Actual | 361.81M | 360.35M | 366.47M | 345.53M |
To track all earnings releases for Alignment Healthcare visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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