Benzinga | Nov 4, 2020 04:21PM EST

Lannett Q1 Adj. EPS $0.06 Misses $0.10 Estimate, Sales $126.50M Miss $128.96M Estimate

Lannett (NYSE:LCI) reported quarterly earnings of $0.06 per share which missed the analyst consensus estimate of $0.10 by 40 percent. This is a 72.73 percent decrease over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $126.50 million which missed the analyst consensus estimate of $128.96 million by 1.91 percent. This is a 0.66 percent decrease over sales of $127.34 million the same period last year.