Alkermes (NASDAQ: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.
