Alkermes Plc expected to post earnings of 5cents a share - Earnings Preview

Alkermes

14/02/2023 14:30

* Alkermes Plc  ALKS.OQ   ALKS.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 16. 
    * The Dublin-based  company is expected to report  a
10.4% decrease in revenue to $290.8 million from $324.46 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 5 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
$31​, above​ its last closing price of $27.69. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 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.        0.09        0.06       0.14      Beat    125.8
 30 2021                                                
 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. 31 2020  0.07        0.07       0.10      Beat    40.8
 This summary was machine generated February 14 at 14:30 GMT. 
All figures in US dollars  unless otherwise stated