Earnings Outlook For Alector
Portfolio Pulse from Benzinga Insights
Alector (NASDAQ:ALEC) is scheduled to release its quarterly earnings report on February 27, 2024, with analysts expecting an EPS of $-0.77. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat leading to a 7.3% drop. Alector's shares have decreased by 22.72% over the last 52 weeks, indicating a generally negative sentiment among long-term shareholders.
February 26, 2024 | 4:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Alector is expected to report an EPS of $-0.77 for the upcoming quarter. Historical data shows its stock price reacts variably to earnings reports, with a notable 7.3% drop after last quarter's beat.
Given Alector's mixed historical stock performance post-earnings and the current analyst expectations, the short-term impact on ALEC's stock price is uncertain. The company's guidance and how it compares to analyst expectations will likely be key drivers of stock movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100