Alight Q2 Earnings Preview: Revenue Expected to Decline 2.4% YoY

Alight, a human capital management provider, will report Q2 earnings on Tuesday. Analysts expect a 2.4% YoY revenue decline to $525 million, with adjusted earnings of $0.10 per share. Despite the decline, Alight has beaten EPS guidance in the past and missed revenue estimates only five times over the last two years. The company's peers, such as ManpowerGroup and Robert Half, have reported mixed results, with ManpowerGroup beating estimates and Robert Half topping estimates but declining 7% YoY. Alight's stock is down 14% over the last month and has an average analyst price target of $9.57.

Alight Inc. (NYSE: ALIT), a leading human capital management provider, will release its Q2 earnings report on Tuesday. Analysts anticipate a 2.4% year-over-year (YoY) revenue decline to $525 million, with adjusted earnings per share (EPS) expected to reach $0.10 [2]. Despite the projected revenue decline, Alight has demonstrated resilience, beating EPS guidance in the past and missing revenue estimates only five times over the last two years [2].

The company's peers in the professional staffing and HR solutions segment have reported mixed results. ManpowerGroup (NYSE: MAN) posted flat YoY revenue, beating analysts' expectations by 3.6%, while Robert Half (NYSE: RHI) reported a 7% YoY revenue decline, topping estimates by 1.1% [2]. Alight's stock has declined by 14% over the last month, with an average analyst price target of $9.57, compared to the current share price of $5.10 [2].

Alight's Q2 results are expected to provide insights into the company's performance amidst economic uncertainty and potential tariffs and corporate tax cuts [2]. While the professional staffing and HR solutions sector has generally underperformed, with share prices down 4.4% on average over the last month, Alight's strategic focus on human capital management could position it for growth.

Investors should closely monitor Alight's earnings report to assess the company's ability to navigate the current economic environment and its long-term prospects. The report will also offer clarity on the company's financial health and its strategic alignment with the rise of AI and other megatrends.

References:
[1] https://www.ainvest.com/news/landstar-q2-earnings-beat-contrarian-opportunity-revenue-decline-strategic-buybacks-2508/
[2] https://finance.yahoo.com/news/earnings-watch-alight-alit-reports-030523693.html