Lannett (NYSE:LCI) reported its Q2 earnings results on Thursday, February 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Lannett missed estimated earnings by 21.88%, reporting an EPS of $-0.39 versus an estimate of $-0.32, which surprised analysts.
Revenue was up $47.41 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03, which was followed by a 10.08% drop in the share price the next day.
Here's a look at Lannett's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.24 | -0.12 | -0.04 | 0.08 |
| EPS Actual | -0.27 | -0.19 | 0.02 | 0.08 |
| Revenue Estimate | 98.60M | 110.63M | 116.11M | 130.00M |
| Revenue Actual | 101.53M | 106.01M | 112.37M | 133.92M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
