Recap: Alkermes Q3 Earnings

Comments
Loading...

Alkermes ALKS reported its Q3 earnings results on Wednesday, November 2, 2022 at 07:00 AM.

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

Earnings

Alkermes missed estimated earnings by 33.33%, reporting an EPS of $0.02 versus an estimate of $0.03.

Revenue was down $41.78 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 4.6% drop in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.01 0.01 0.11 0.06
EPS Actual 0.06 0.12 0.23 0.14
Revenue Estimate 269.00M 252.59M 308.69M 301.36M
Revenue Actual 276.22M 278.55M 324.46M 294.14M

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.

ALKS Logo
ALKSAlkermes PLC
$34.320.18%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum89.88
Growth15.27
Quality-
Value60.36
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In: