Alkermes Plc expected to post earnings of 3cents a share - Earnings Preview

Alkermes

31/10/2022 15:04

* Alkermes Plc  ALKS.OQ   ALKS.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 2. 
    * The Dublin-based  company is expected to report  a
7.7% decrease
in revenue to $271.398 million from $294.14 million a year ago,
according to the mean estimate from 9 analysts, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Alkermes Plc is for
earnings of 3 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 7
"hold" and no "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
$32.5​, above​ its last closing price of $23.33. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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
 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.        0.15        0.12       0.30      Beat    147.1
 30 2021                                                
 Mar. 31 2021  -0.02       -0.02      0.11      Beat    718.8​
 Dec. 31 2020  0.07        0.07       0.10      Beat    40.8
 Sep. 30 2020  0.01        0.00       0.26      Beat    12,900
 This summary was machine generated October 31 at 15:04 GMT.  All
figures in US dollars  unless otherwise stated