Alector Inc expected to post a loss of 50 cents a share - Earnings Preview
06/08/2024 03:05
* Alector Inc ALEC.OQ ALEC.O is expected to show a fall
in
quarterly revenue when it reports results on August 7 for the
period ending June 30 2024
* The South San Francisco California-based company is
expected to
report a 74.4% decrease in revenue to $14.399 million from
$56.21 million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
* LSEG's mean analyst estimate for Alector Inc is for a
loss
of 50 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Alector Inc
is
$11.00, above its last closing price of $5.06.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 -0.50 -0.51 -0.38 Beat 25.2
Dec. 31 2024 -0.78 -0.77 -0.49 Beat 36.4
Sep. 30 2023 -0.64 -0.66 -0.53 Beat 19.4
Jun. 30 2023 -0.82 -0.82 0.02 Beat 102.4
Mar. -0.77 -0.76 -0.55 Beat 27.5
31 2023
Dec. 31 2022 -0.43 -0.46 -0.63 Missed -35.9
Sep. 30 2022 -0.46 -0.54 -0.56 Missed -2.9
Jun. 30 2022 -0.40 -0.47 0.12 Beat 125.5
This summary was machine generated August 6 at 02:05 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)