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

Alkermes

26/07/2023 14:31

* Alkermes Plc  ALKS.OQ  reported quarterly adjusted
earnings of
55 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 56 cents per share.
    * Revenue rose 123.5% to $617.40 million from a year ago;
analysts
expected $585.03 million. 
    * Alkermes Plc's reported EPS for the quarter was $1.38​.
    * The mean earnings estimate of analysts had risen by
about 766%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Alkermes Plc shares had fallen by 1.5% this quarter and
gained 18.0% so far this year.
    * The company reported quarterly net income of $237.07
million.
    * Wall Street's median 12-month price target for Alkermes
Plc is
$35.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
26 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.56           0.55           Missed
 Mar. 31 2023      -0.01          0.01           Beat
 Dec. 31 2022      0.05           0.14           Beat
 Sep. 30 2022      0.03           0.02           Missed