Published on 25 Apr 2024 on Zacks via Yahoo Finance
Will Alector (ALEC) Report Negative Q1 Earnings? What You Should Know
The market expects Alector (ALEC) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.