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Stock impact report

Why Is Allogene Therapeutics (ALLO) Down 12.2% Since Last Earnings Report? [Yahoo! Finance]

Allogene Therapeutics, Inc. (ALLO) 
Last allogene therapeutics, inc. earnings: 2/27 04:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Allogene Therapeutics due for a breakout? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent drivers for Allogene Therapeutics, Inc. before we dive into how investors and analysts have reacted as of late. Narrower Than Expected Loss in Q1, Nil Sales Allogene incurred a first-quarter 2026 loss of 18 cents per share, narrower than the Zacks Consensus Estimate of a loss of 19 cents. In the year-ago period, the company reported a loss of 28 cents. The company did not report any sales during the quarter, as it lacks a marketed product in its portfolio. Quarter in Detail Research & development (R&D) expenses totaled $32 million, down 36% from the year-ago quarter's level. General and administrative (G&A) expenses declined 6% to $14.1 million. As of March 31, 2026, Allogene had $266.9 million in Show less Read more
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