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NASDAQ:ALEC

Alector Q3 2024 Earnings Results & Report

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$2.08 +0.06 (+2.97%)
Closing price 10/9/2026 04:00 PM Eastern
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$2.07 -0.01 (-0.48%)
As of 10/9/2026 07:52 PM Eastern
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Alector beat analyst earnings expectations but missed on revenue in its Q3 2024 results, released November 6, 2024. The company reported EPS of -$0.43 versus the -$0.53 consensus estimate, while revenue of $15.34 million fell short of the $16.33 million estimate by $0.99 million.

Earnings Announcement Details

Quarter
Q3 2024
Report Date
Time
After Market Closes
Conference Call
4:00 PM ET

Alector EPS Results

Actual EPS
-$0.43
Consensus EPS
-$0.53
Beat/Miss
Beat by +$0.10
One Year Ago EPS
N/A
EPS Beat Rate
8 of last 8 quarters

Alector Revenue Results

Actual Revenue
$15.34 million
Expected Revenue
$16.33 million
Beat/Miss
Missed by -$990.00 thousand
YoY Revenue Growth
N/A

Upcoming Earnings

Alector's Q3 2026 earnings is estimated for Thursday, November 5, 2026, based on past reporting schedules, with a conference call scheduled on Friday, November 6, 2026 at 4:00 PM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Alector Q3 2024 Earnings FAQ

Alector (NASDAQ:ALEC) reported earnings of -$0.43 per share for Q3 2024, beating the consensus estimate of -$0.53. The report was announced on Wednesday, November 6, 2024.

Alector reported revenue of $15.34 million for Q3 2024, against a consensus estimate of $16.33 million.

Alector's next earnings date is estimated for Thursday, November 5, 2026. MarketBeat tracks confirmed and estimated earnings dates for Alector on the company's earnings history page.

Alector Earnings Headlines

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See More Alector Headlines
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About Alector

Alector (NASDAQ:ALEC) is a clinical-stage biotechnology company focused on developing therapies for neurodegenerative diseases. The company’s approach, known as immuno-neurology, seeks to use the immune system to protect brain health and address biological mechanisms involved in conditions such as Alzheimer’s disease, frontotemporal dementia and Parkinson’s disease.

Alector’s pipeline includes latozinemab, an antibody designed to increase levels of progranulin, a protein associated with the health and function of brain cells. The program is being developed for frontotemporal dementia caused by progranulin gene mutations. The company has also pursued additional investigational programs targeting immune and neurological pathways relevant to neurodegenerative disorders.

Founded in 2013, Alector is headquartered in South San Francisco, California. The company was co-founded by Arnon Rosenthal, Ph.D., who has served as its chief executive officer, and entrepreneur Tillman Gerngross, Ph.D. Alector’s research and development activities are primarily focused on advancing potential treatments for patients in the United States and other international markets through clinical development and collaborations.

View Alector Profile