ALHC earnings / call / takeaways

ALHC Q3 FY26 earnings call: key takeaways

What ALHC said on its earnings call of October 29, 2026: results against expectations, what changed since last quarter, guidance and the questions analysts pressed on.

By Lician·October 29, 2026·AI-generated from the call transcript and Lician data

EPS of -$0.04 matched the consensus estimate of -$0.04 (8:56)
Revenue of $1.36 billion exceeded the consensus of $1.31 billion (8:56)
The company lowered its full-year guidance due to elevated medical cost trends and ongoing challenges with claims processing and provider disputes. (3:44)

Results vs expectations

Metric	Consensus	Reported	Result
EPS	-$0.04	-$0.04	inline
Revenue	$1.31B	$1.36B	beat

EPS basis: GAAP diluted EPS, SEC 10-Q

The stock moved -9.8% over the report window (S&P 500 ETF -1.8%). Earnings history

What changed since last quarter

The company lowered full-year adjusted gross profit guidance to no less than $575 million from an unspecified prior figure. (3:44)
The company lowered full-year adjusted EBITDA guidance to no less than $100 million from an unspecified prior figure. (3:44)
The company emphasized a prudent approach to cost pressures and noted that initiatives in progress are not factored into guidance. (10:47)

Guidance

Metric	This call	Previous call
Revenue	"- Full-year revenue of no less than $5.25 billion " (10:47)	not captured
Other	"- Adjusted gross profit of no less than $575 million " (10:47)	not captured
EBITDA	"- Adjusted EBITDA of no less than $100 million " (10:47)	not captured
Revenue	"- Fourth quarter revenue of no less than $1.32 billion " (10:47)	not captured
EBITDA	"- Fourth quarter adjusted EBITDA of no less than negative $28 million " (10:47)	not captured

What analysts pressed on

Whether the FACETS claims system migration contributed to higher cost trends. (14:11)
How the company plans to address the California HMO STARS rating shortfall and its impact on future performance. (21:05)
Whether the company will slow growth in California due to the STARS rating issues. (37:57)

In their words

- "We saw volatility in our paid claims. And we started seeing that in July. Matthew Gilmore (KeyBank) (14:11)
- "We have taken decisive action in those areas, and our revised outlook reflects a prudent view of the cost pressures we are seeing today. (7:29)

Read the full transcript with the AI summary, or listen on the company's official webcast.

Every past call in full and transcript search come with Lician Pro.

Written by AI from the automatic transcript of the company's public webcast and Lician's earnings data. Each sentence cites the passage it comes from, and a sentence with a figure that is not in its sources was removed. Not investment advice.