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

Alkermes

02/11/2022 13:32

* Alkermes Plc  ALKS.OQ  reported quarterly adjusted
earnings of 2
cents​​ per share for the quarter ended in September. The mean
expectation of nine analysts for the quarter was for earnings of
3 cents per share.
    * Revenue fell 14.2% to $252.36 million from a year ago;
analysts
expected $271.40 million. 
    * Alkermes Plc's reported EPS for the quarter was a loss
of 39
cents​.
    * The mean earnings estimate of analysts had fallen by
about 14%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Alkermes Plc shares had risen by 4.1% this quarter and
held
steady so far this year.
    * The company reported a quarterly loss of $63.97 million.
    * Wall Street's median 12-month price target for Alkermes
Plc is
$32.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
2 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.03           0.02           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