Alkermes Plc expected to post earnings of 60 cents a share - Earnings Preview
19/04/2024 14:15
* Alkermes Plc ALKS.OQ ALKS.O is expected to show a rise
in
quarterly revenue when it reports results on May 1 for the
period ending March 31 2024
* The Dublin-based company is expected to report a
26.1% increase
in revenue to $362.618 million from $287.6 million a year ago,
according to the mean estimate from 10 analysts, based on LSEG
data.The company's guidance on February 15 2024, for the period
ended March 31, was for revenue of $377.475 million.
* LSEG's mean analyst estimate for Alkermes Plc is for
earnings
of 60 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.
* Wall Street's median 12-month price target for Alkermes
Plc is
$35.00, above its last closing price of $23.76.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.55 0.51 0.22 Missed -57.1
Sep. 30 2023 0.44 0.44 0.64 Beat 44.7
Jun. 30 2023 0.63 0.46 0.55 Beat 19
Mar. 31 2023 -0.01 -0.01 0.01 Beat 174.1
Dec. 0.05 0.05 0.14 Beat 207.3
31 2022
Sep. 30 2022 0.06 0.03 0.02 Missed -34.1
Jun. 30 2022 0.03 0.01 0.06 Beat 740.3
Mar. 31 2022 0.01 0.01 0.12 Beat 1,066.
2
This summary was machine generated April 19 at 13:15 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)