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ALEC — Alector News Story

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Alector Inc expected to post a loss of 53 cents a share - Earnings Preview

* Alector Inc  ALEC.OQ   ALEC.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 5
(estimated) for the period ending September 30 2024
    * The South San Francisco California-based  company is
expected to
report a 72.3% increase in revenue to $15.698 million from $9.11
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 53 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
12.00​, above​ its last closing price of $4.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.49       -0.50      -0.40     Beat    20.2
 Mar. 31 0001  -0.50       -0.51      -0.38     Beat    25.2
 Dec. 31 2023  -0.78       -0.77      -0.49     Beat    36.4​
 Sep. 30 2023  -0.64       -0.66      -0.53     Beat    19.4
 ​​Jun.        -0.82       -0.82      0.02      Beat    102.4
 30 2023                                                
 Jan. 1 0001   -0.77       -0.76      -0.55     Beat    27.5​
 Dec. 31 2022  -0.43       -0.46      -0.63     Missed  -35.9
 Sep. 30 2022  -0.46       -0.54      -0.56     Missed  -2.9
 This summary was machine generated November 1 at 14:11 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)

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