Zai Lab: Q2 Earnings Insights

Zai Lab: Q2 Earnings Insights

 

Zai Lab ZLAB reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:01 PM.

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

Earnings

Zai Lab missed estimated earnings by 63.64%, reporting an EPS of $-1.44 versus an estimate of $-0.88.

Revenue was up $11.24 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.34 which was followed by a 4.61% drop in the share price the next day.

Here's a look at Zai Lab's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -1.20 -1.65 -1.65 -1.30
EPS Actual -0.86 -2.24 -1.01 -1.76
Revenue Estimate 45.72M 36.91M 32.40M 28.26M
Revenue Actual 46.72M 44.17M 43.10M 36.94M

To track all earnings releases for Zai Lab visit their earnings calendar here.

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

Posted In: BZI-RecapsEarnings