01:56 PM EST, 11/12/2024 (MT Newswires) -- (Updates with share price movement in the headline and first paragraph.)
Alight (ALIT) shares were up 14% in recent trading Tuesday after the company posted Q3 adjusted earnings and revenue ahead of consensus.
The company reported Q3 adjusted earnings of $0.09 per diluted share, unchanged from a year earlier.
Analysts polled by Capital IQ expected $0.08.
Revenue for the quarter ended Sept. 30 was $555 million, down from $557 million a year earlier.
Analysts surveyed by Capital IQ expected $538.3 million.
For Q4, the company expects adjusted diluted EPS of $0.22 to $0.27 on revenue of $665 million to $685 million. Analysts polled by Capital IQ expect normalized EPS of $0.22 on revenue of $678.4 million.
Price: 8.51, Change: +1.05, Percent Change: +14.01