Benzinga | Nov 3, 2021 07:06PM EDT

Lannett Q1 EPS $(0.27) Misses $(0.24) Estimate, Sales $101.53M Beat $98.60M Estimate

Lannett (NYSE:LCI) reported quarterly losses of $(0.27) per share which missed the analyst consensus estimate of $(0.24) by 12.5 percent. This is a 550 percent decrease over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $101.53 million which beat the analyst consensus estimate of $98.60 million by 2.97 percent. This is a 19.73 percent decrease over sales of $126.48 million the same period last year.