Lannett (LCI) Stock Price, News & Analysis

Lannett Company, Inc. (NYSE:LCI) posted its quarterly earnings data on Wednesday, November, 3rd. The company reported ($1.08) earnings per share for the quarter, missing the consensus estimate of ($1.00) by $0.08. The firm had revenue of $101.53 million for the quarter, compared to analysts' expectations of $98.62 million. During the same quarter in the prior year, the business posted $0.24 EPS.

Shares of Lannett reverse split before market open on Tuesday, February 7th 2023. The 1-4 reverse split was announced on Tuesday, February 7th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, February 7th 2023. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

9 employees have rated Lannett Chief Executive Officer Timothy Crew on Glassdoor.com. Timothy Crew has an approval rating of 28% among the company's employees. This puts Timothy Crew in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lannett investors own include Akorn (AKRX), Skechers U.S.A. (SKX), Integrated Device Technology (IDTI), Bank of America (BAC), Alibaba Group (BABA), Gilead Sciences (GILD), Micron Technology (MU), Rite Aid (RAD) and NVIDIA (NVDA).