Alector (ALEC) Reports Q1 Loss, Tops Revenue Estimates
ALECAlector(ALEC) Zacks Investment Research·2024-05-09 07:26

Alector (ALEC) came out with a quarterly loss of 0.38pershareversustheZacksConsensusEstimateofalossof0.38 per share versus the Zacks Consensus Estimate of a loss of 0.48. This compares to loss of 0.55pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof20.830.55 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 20.83%. A quarter ago, it was expected that this biotechnology company would post a loss of 0.80 per share when it actually produced a loss of $0.49, delivering a surprise of 38.75%. Over the last four quarters, the company has ...