Zai Lab ZLAB reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Zai Lab beat estimated earnings by 46.32%, reporting an EPS of $-0.51 versus an estimate of $-0.95.
Revenue was up $16.07 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.46 which was followed by a 8.54% drop in the share price the next day.
Here's a look at Zai Lab's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -1.11 | -1.25 | -0.88 | -1.20 |
| EPS Actual | -0.65 | -1.68 | -1.44 | -0.86 |
| Revenue Estimate | 62.25M | 53.72M | 46.80M | 45.72M |
| Revenue Actual | 62.60M | 57.54M | 48.18M | 46.72M |
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -1.11 | -1.25 | -0.88 | -1.20 |
| EPS Actual | -0.65 | -1.68 | -1.44 | -0.86 |
| Revenue Estimate | 62.25M | 53.72M | 46.80M | 45.72M |
| Revenue Actual | 62.60M | 57.54M | 48.18M | 46.72M |
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.
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Posted In: EarningsBZI-Recaps