Recap: Alkermes Q4 Earnings

Alkermes ALKS reported its Q4 earnings results on Wednesday, February 16, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Alkermes beat estimated earnings by 109.09%, reporting an EPS of $0.23 versus an estimate of $0.11.

Revenue was up $44.47 million from the same period last year.

Last quarter the company beat on EPS by $0.08, which was followed by a 1.01% increase in the share price the next day.

Here's a look at Alkermes's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.06	0.12	-0.02	0.07
EPS Actual	0.14	0.30	0.11	0.10
Revenue Estimate	301.36M	278.70M	233.45M	268.25M
Revenue Actual	294.14M	303.72M	251.43M	280.00M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Alkermes management provided guidance for their next quarter, expecting earnings between $-0.18 and $0.0 per share for the next quarter.

This represents a -139.13% in quarter-over-quarter growth for Alkermes, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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