Recap: Zai Lab Q3 Earnings

Zai Lab ZLAB reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Zai Lab beat estimated earnings by 25.26%, reporting an EPS of $-0.71 versus an estimate of $-0.95.

Revenue was up $11.69 million from the same period last year.

Last quarter the company missed on EPS by $0.51 which was followed by a 8.58% drop in the share price the next day.

Here's a look at Zai Lab's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.74	-0.95	-1.11	-1.25
EPS Actual	-1.25	-0.51	-0.65	-1.68
Revenue Estimate	71.40M	64.97M	62.25M	53.72M
Revenue Actual	68.86M	62.80M	62.60M	57.54M

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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