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

Alkermes

27/04/2022 14:31

* Alkermes Plc  ALKS.OQ  reported quarterly adjusted
earnings of
12 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of one cent per share.
    * Revenue rose 10.8% to $278.55 million from a year ago; 
analysts
expected $252.59 million. 
    * Alkermes Plc's reported EPS for the quarter was a loss
of 22
cents​.
    * The mean earnings estimate of analysts had risen by
about 106.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Alkermes Plc shares had risen by 3.2% this quarter and
gained 16.7% so far this year.
    * The company reported a quarterly loss of $35.9 million.
    * Wall Street's median 12-month price target for Alkermes
Plc is
$30.00 
    * 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 April 27 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated