Recap: Alkermes Q2 Earnings

Recap: Alkermes Q2 Earnings

 

Alkermes 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.

Earnings

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.

Past Earnings Performance

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.

Posted In: BZI-RecapsEarningsNews