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Alector Inc. (ALEC) Tops Q4 EPS by 29c, provides guidance

February 27, 2024 5:08 PM

Alector Inc. (NASDAQ: ALEC) reported Q4 EPS of ($0.49), $0.29 better than the analyst estimate of ($0.78). Revenue for the quarter came in at $15.2 million versus the consensus estimate of $8.71 million.
Guidance:
The company expects, for the year ending 2024, collaboration revenue to be between $60 million and $70 million, total research and development expenses to be between $210 million and $230 million, and total general and administrative expenses to be between $60 million and $70 million.

For earnings history and earnings-related data on Alector Inc. (ALEC) click here.

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