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Benzinga Insights

Lannett: Q2 Earnings Insights

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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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