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

Alkermes

28/07/2021 17:05

* Alkermes Plc  ALKS.OQ  reported quarterly adjusted earnings of
30 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 12 cents per share.
* Revenue rose 22.7% to $303.72 million from a year ago; 
analysts expected $277.66 million. 
* Alkermes Plc's reported EPS for the quarter was 1 cents​.
* The mean earnings estimate of analysts had risen by about 0.3%
in the last three months.​ 
* In the last 30 days three analysts negatively revised earnings
estimates 
* Alkermes Plc shares had fallen by 1.5% this quarter and
gained 21.0% so far this year.
* The company reported quarterly net income of $2.36 million.
* Wall Street's median 12-month price target for Alkermes Plc is
$23.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 9
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated July 28 at 04:05 p.m.  ​All
figures in US dollars unless otherwise stated