Recap: Alkermes Q1 Earnings

 

Alkermes ALKS reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM.

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

Earnings

Alkermes beat estimated earnings by 1100.0%, reporting an EPS of $0.12 versus an estimate of $0.01.

Revenue was up $27.11 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12 which was followed by a 5.38% drop in the share price the next day.

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

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.11 0.06 0.12 -0.02
EPS Actual 0.23 0.14 0.30 0.11
Revenue Estimate 308.69M 301.36M 278.70M 233.45M
Revenue Actual 324.46M 294.14M 303.72M 251.43M

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.

Posted In: BZI-RecapsEarningsNews