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ALEC — Alector News Story

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Alector Inc expected to post a loss of 77 cents a share - Earnings Preview

* Alector Inc  ALEC.OQ   ALEC.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The South San Francisco California-based  company is
expected to
report a 33.3% decrease in revenue to $9.636 million from $14.44
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Alector Inc is for a
loss
of 77 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "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 $6.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  -0.77       -0.76      -0.55     Beat    27.5​
 Dec. 31 2022  -0.43       -0.46      -0.63     Missed  -35.9
 ​​Sep.        -0.46       -0.54      -0.56     Missed  -2.9
 30 2022                                                
 Jun. 30 2022  -0.40       -0.47      0.12      Beat    125.5​
 Mar. 31 2022  0.35        0.47       -0.54     Missed  -215.5
 Dec. 31 2021  -0.23       -0.19      -0.68     Missed  -259
 This summary was machine generated February 23 at 22:01 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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