Alignment Healthcare: Q1 Earnings Insights

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.

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