Alkermes Plc expected to post earnings of 56  cents a share - Earnings Preview

Alkermes

24/07/2023 18:36

* Alkermes Plc  ALKS.OQ   ALKS.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 26. 
    * The Dublin-based  company is expected to report  a
111.8% increase in revenue to $585.025 million from $276.22
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Alkermes Plc is for
earnings of 56 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 17.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Alkermes
Plc is
$35​, above​ its last closing price of $31.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.01       -0.01      0.01      Beat    174.1
 Dec. 31 2023  0.05        0.05       0.14      Beat    207.3
 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.        0.01        0.01       0.12      Beat    1,066.
 31 2022                                                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. 30 2021  0.15        0.12       0.30      Beat    147.1
 This summary was machine generated July 24 at 17:36 GMT.  All
figures in US dollars  unless otherwise stated