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

Alkermes

27/07/2022 16:02

* Alkermes Plc  ALKS.OQ  reported quarterly adjusted
earnings of 6
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of one cent per share.
    * Revenue fell 9.1% to $276.22 million from a year ago;
analysts
expected $269.00 million. 
    * Alkermes Plc's reported EPS for the quarter was a loss
of 18
cents​.
    * The mean earnings estimate of analysts had risen by
about 617.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Alkermes Plc shares had fallen by 1.3% this quarter and
gained 26.4% so far this year.
    * The company reported a quarterly loss of $30.14 million.
    * Wall Street's median 12-month price target for Alkermes
Plc is
$32.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 27
at 03:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.01           0.06           Beat
 Mar. 31 2022      0.01           0.12           Beat
 Dec. 31 2021      0.08           0.23           Beat
 Sep. 30 2021      0.06           0.14           Beat