Alkermes Plc expected to post earnings of 73 cents a share - Earnings Preview

Alkermes

22/10/2024 15:02

* Alkermes Plc  ALKS.OQ   ALKS.O  is expected to show a rise
in
quarterly revenue when it reports  results on October 24 for the
period ending September 30 2024
    * The Dublin-based  company is expected to report a
0.3% increase
in revenue to $382.222 million from $380.94 million a year ago,
according to the mean estimate from 13 analysts, based on LSEG
data.
    * ​LSEG's mean analyst estimate for Alkermes Plc is for
earnings
of 73 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged 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 $27.71. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.68        0.70       0.70      Met     -0.5
 Mar. 31 2024  0.57        0.58       0.43      Missed  -26.3
 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.        0.63        0.46       0.55      Beat    19
 30 2023                                                
 Mar. 31 2023  -0.01       -0.01      0.01      Beat    174.1​
 Dec. 31 2022  0.05        0.05       0.14      Beat    207.3
 Sep. 30 2022  0.06        0.03       0.02      Missed  -34.1
 This summary was machine generated October 22 at 14:02 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)