Lannett (LCI) Stock Price, News & Analysis

Lannett Company, Inc. (NYSE:LCI) announced its quarterly earnings results on Wednesday, November, 3rd. The company reported ($1.08) earnings per share for the quarter, missing analysts' consensus estimates of ($1.00) by $0.08. The firm earned $101.53 million during the quarter, compared to analyst estimates of $98.62 million. During the same period in the prior year, the company posted $0.24 EPS.

Lannett's stock 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).