Alector (ALEC) Reports Q2 Loss, Lags Revenue Estimates
ALECAlector(ALEC) ZACKS·2024-08-08 07:15

Alector (ALEC) came out with a quarterly loss of 0.40pershareversustheZacksConsensusEstimateofalossof0.40 per share versus the Zacks Consensus Estimate of a loss of 0.49. This compares to earnings of 0.02pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof18.370.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.37%. A quarter ago, it was expected that this biotechnology company would post a loss of 0.48 per share when it actually produced a loss of $0.38, delivering a surprise of 20.83%.Over the last four quarters, the company ha ...