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Alight (ALIT)
NYSE:ALIT
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.1Last Year’s EPS
0.13Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 2.10%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook with several strategic achievements, including strong ARR bookings growth, improved retention rates, and successful cloud migration. However, challenges remain with a decline in nonrecurring project revenues and temporary impacts from historical losses.Company Guidance
During Alight's Fourth Quarter 2024 Earnings Conference Call, the company provided guidance for 2025 that reflects anticipated year-over-year improvements across several key financial metrics. They expect recurring revenue to stabilize, profit margins to expand by 150 to 180 basis points, and free cash flow to grow by 13% to 29%, driven by cloud migration savings and productivity initiatives. The company forecasts annual revenue between $2.32 billion and $2.39 billion, with a revenue growth range of negative 1.5% to positive 1.5%. Alight anticipates double-digit growth in annual recurring revenue (ARR) bookings from $130 million to $145 million, supported by a strong sales pipeline that increased by 54% over the prior year. The retention rate improved by 8 percentage points in the most recent renewal cycle, approaching historical levels, and the company expects this to favorably impact revenue growth in the second half of 2025. Additionally, Alight announced a $200 million increase to its share repurchase authorization, indicating a focus on returning capital to shareholders.ARR Bookings Growth
The team delivered double-digit ARR bookings growth in the second half of 2024, ending the year up 18%. This reflects strong demand for mission-critical solutions and a sales pipeline increased by 54% from the prior year.
Improved Retention Rates
The company reported an 8-point improvement in retention rates during the 2024 renewal cycle, returning to near historical levels and indicating better client satisfaction and service stability.
Cloud Migration Completion
Alight completed its cloud migration, leading to operational improvements and allowing the company to benefit from $55 million in savings, contributing to margin expansion.
Share Repurchase Program
A $200 million increase in the share repurchase authorization was announced, reflecting a focus on returning capital to shareholders.
Recurring Revenue Growth
Recurring revenue comprised 91% of total revenue in Q4, showing a return to growth and stability in operations.
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ALIT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ALIT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $6.68 | $6.93 | +3.74% |
| Nov 12, 2024 | $7.42 | $8.42 | +13.48% |
| Aug 06, 2024 | $6.86 | $6.49 | -5.39% |
| May 08, 2024 | $9.24 | $7.74 | -16.23% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Alight (ALIT) report earnings?
Alight (ALIT) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Alight (ALIT) earnings time?
Alight (ALIT) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALIT EPS forecast?
ALIT EPS forecast for the fiscal quarter 2025 (Q1) is 0.1.
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