Recap: Alkermes Q2 Earnings

Alkermes (NASDAQ:ALKS) reported its Q2 earnings results on Wednesday, July 27, 2022 at 07:00 AM.

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

Alkermes beat estimated earnings by 500.0%, reporting an EPS of $0.06 versus an estimate of $0.01.

Revenue was down $27.50 million from the same period last year.

Last quarter the company beat on EPS by $0.11 which was followed by a 1.94% drop in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.01	0.11	0.06	0.12
EPS Actual	0.12	0.23	0.14	0.30
Revenue Estimate	252.59M	308.69M	301.36M	278.70M
Revenue Actual	278.55M	324.46M	294.14M	303.72M

To track all earnings releases for Alkermes visit their earnings calendar here.

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