Alkermes Plc expected to post earnings of 1  cent a share - Earnings Preview

Alkermes

25/04/2022 17:46

* Alkermes Plc  ALKS.OQ   ALKS.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 27. 
    * The Dublin-based  company is expected to report  a
0.5% increase
in revenue to $252.592 million from $251.43 million a year ago,
according to the mean estimate from 7 analysts, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Alkermes Plc is for
earnings of 1 cent per share. For the same quarter last year,
the company reported earnings of 11 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 32.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Alkermes
Plc is
$30​, above​ its last closing price of $28.20. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.08        0.08       0.23      Beat    182.5
 Sep. 30 2021  0.09        0.06       0.14      Beat    125.8
 Jun. 30 2021  0.15        0.12       0.30      Beat    147.1​
 Mar. 31 2021  -0.02       -0.02      0.11      Beat    718.8
 ​​Dec.        0.07        0.07       0.10      Beat    40.8
 31 2020                                                
 Sep. 30 2020  0.01        0.00       0.26      Beat    12,900
                                                        ​
 Jun. 30 2020  0.03        -0.01      0.06      Beat    600
 Mar. 31 2020  -0.08       -0.06      0.01      Beat    116.7
 This summary was machine generated April 25 at 16:46 GMT.  All
figures in US dollars  unless otherwise stated