Alector Inc expected to post a loss of 82 cents a share - Earnings Preview

Alector

02/08/2023 03:06

* Alector Inc  ALEC.OQ   ALEC.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 3. 
    * The South San Francisco California-based  company is
expected to
report  a 93.7% decrease in revenue to $5.02 million from $79.85
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Alector Inc is for
a loss
of 82 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 no "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​, above​ its last closing price of $6.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.77       -0.76      -0.55     Beat    27.3
 Dec. 31 2023  -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
 ​​Mar.        0.35        0.47       -0.54     Missed  -215.5
 31 2022                                                
 Dec. 31 2021  -0.23       -0.19      -0.68     Missed  -259​
 Sep. 30 2021  2.12        2.09       1.49      Missed  -28.8
 Jun. 30 2021  -0.66       -0.68      -0.69     Missed  -1.6
 This summary was machine generated August 2 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated