Preview: Alector's Earnings
Portfolio Pulse from Benzinga Insights
Alector (NASDAQ:ALEC) is set to release its quarterly earnings report on August 3, 2023. Analysts estimate an earnings per share (EPS) of $-0.81. The company's past performance shows a trend of beating EPS estimates, which has often resulted in a share price increase. However, Alector's shares have been down 41.26% over the last 52-week period.
August 04, 2023 | 12:05 pm
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Alector's upcoming earnings report could potentially impact its stock price. Despite past EPS beats, the company's shares have been down 41.26% over the last 52-week period.
Alector's stock price could be influenced by its upcoming earnings report. The company has a history of beating EPS estimates, which has often led to a share price increase. However, the overall trend for the company's shares has been negative over the past year, which could make investors cautious.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100