Alkermes Plc reports results for the quarter ended in December - Earnings Summary

Alkermes

16/02/2023 14:30

* Alkermes Plc  ALKS.OQ  reported quarterly adjusted
earnings of
14 cents​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for earnings of
5 cents per share.
    * Revenue fell 33.4% to $216.12 million from a year ago;
analysts
expected $289.80 million. 
    * Alkermes Plc's reported EPS for the quarter was a loss
of 17
cents​.
    * The mean earnings estimate of analysts had risen by
about 99.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Alkermes Plc shares had risen by 3.3% this quarter.
    * The company reported a quarterly loss of $28.25 million.
    * Wall Street's median 12-month price target for Alkermes
Plc is
$31.00 
    * 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." 

This summary was machine generated from Refinitiv data February
16 at 02:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.05           0.14           Beat
 Sep. 30 2022      0.03           0.02           Missed
 Jun. 30 2022      0.01           0.06           Beat
 Mar. 31 2022      0.01           0.12           Beat