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

Alkermes

27/10/2021 15:48

* Alkermes Plc  ALKS.OQ  reported quarterly adjusted earnings of
14 cents​​ per share for the quarter ended in September. The
mean expectation of eight analysts for the quarter was
for earnings of 6 cents per share.
* Revenue rose 11% to $294.14 million from a year ago;  analysts
expected $301.36 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 7.8%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Alkermes Plc shares had risen by 2.2% this quarter and
gained 57.9% so far this year.
* The company reported a quarterly loss of $28.99 million.
* Wall Street's median 12-month price target for Alkermes Plc is
$26.50 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated October 27 at 02:48 p.m.
 ​All figures in US dollars unless otherwise stated