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

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.

You May Also Be Interested In

• SLM (SLM) Misses Q2 EPS by 16c; offers guidance
• United Bancorp (UBCP) Reports Q2 EPS of $0.36
• Alpine Income Property Trust, Inc. (PINE) Tops Q2 EPS by 2c; Offers Guidance