Picture of Alector logo

ALEC — Alector News Story

0.000.00%
us flag iconLast trade - 00:00
HealthcareSpeculativeSmall CapMomentum Trap

Alector Inc expected to post a loss of 66 cents a share - Earnings Preview

* Alector Inc  ALEC.OQ   ALEC.O  is expected to show a fall
in
quarterly revenue when it reports  results 
    * The South San Francisco California-based  company is
expected to
report  a 32.9% decrease in revenue to $9.969 million from
$14.85 million a year ago, according to the mean estimate from 9
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Alector Inc is for
a loss
of 66 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"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
$10​, above​ its last closing price of $5.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.82       -0.82      0.02      Beat    102.4
 Mar. 31 2023  -0.77       -0.76      -0.55     Beat    27.3
 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.        -0.40       -0.47      0.12      Beat    125.5
 30 2022                                                
 Mar. 31 2022  0.35        0.47       -0.54     Missed  -215.5
                                                        ​
 Dec. 31 2021  -0.23       -0.19      -0.68     Missed  -259
 Sep. 30 2021  2.12        2.09       1.49      Missed  -28.8
 This summary was machine generated November 3 at 11:58 GMT.  All
figures in US dollars  unless otherwise stated

Recent news on Alector

See all news