Alkermes Plc expected to post earnings of 43  cents a share - Earnings Preview

Alkermes

23/10/2023 17:33

* Alkermes Plc  ALKS.OQ   ALKS.O  is expected to show a rise
in
quarterly revenue when it reports  results 
    * The Dublin-based  company is expected to report  a
43.5% increase in revenue to $362.154 million from $252.36
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 43 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"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
$35​, above​ its last closing price of $27.02. ​​​

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 2023  0.63        0.46       0.55      Beat    19
 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
 ​​Jun.        0.03        0.01       0.06      Beat    740.3
 30 2022                                                
 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
 This summary was machine generated October 23 at 16:33 GMT.  All
figures in US dollars  unless otherwise stated