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Lineage Cell Therapeutics: Q4 Earnings Insights

Benzinga ·  Mar 7 16:05

Lineage Cell Therapeutics (AMEX:LCTX) reported its Q4 earnings results on Thursday, March 7, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Lineage Cell Therapeutics beat estimated earnings by 25.0%, reporting an EPS of $-0.03 versus an estimate of $-0.04.

Revenue was up $200 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 3.0% drop in the share price the next day.

Here's a look at Lineage Cell Therapeutics's past performance:

QuarterQ3 2023Q2 2023Q1 2023Q4 2022
EPS Estimate-0.04-0.04-0.04-0.04
EPS Actual-0.04-0.03-0.03-0.03
Revenue Estimate2.59M2.20M2.01M2.57M
Revenue Actual1.25M3.23M2.39M1.90M

To track all earnings releases for Lineage Cell Therapeutics visit their earnings calendar here.

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

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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