Alector, Inc. reports results for the quarter ended June 30 - Earnings Summary
Alector, Inc. reports results for the quarter ended June 30 - Earnings Summary
Alector, Inc. ALEC.OQ reported a quarterly adjusted loss of 21 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -30 cents. The mean expectation of eight analysts for the quarter was for a loss of 23 cents per share. Wall Street expected results to range from -31 cents to -18 cents per share.
Revenue fell 57.8% to $3.32 million from a year ago; analysts expected $1.89 million.
Alector, Inc.'s reported EPS for the quarter was a loss of 21 cents.
The company reported a quarterly loss of $22.99 million.
Alector, Inc. shares had fallen by 25.9% this quarter and lost 4.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 24% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is "buy."
Wall Street's median 12-month price target for Alector, Inc. is $2.00, about 25.5% above its last closing price of $1.49
This summary was machine generated from LSEG data August 6 at 10:11 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.23 | -0.21 | Beat |
Mar. 31 2026 | -0.34 | -0.21 | Beat |
Dec. 31 2025 | -0.38 | -0.34 | Beat |
Sep. 30 2025 | -0.41 | -0.34 | Beat |