Alkermes (ALKS) Reports Q1 Earnings: What Key Metrics Have to Say
ALKSAlkermes(ALKS) Zacks Investment Research·2024-05-01 22:35

Alkermes (ALKS) reported 350.37millioninrevenueforthequarterendedMarch2024,representingayear−over−yearincreaseof21.8350.37 million in revenue for the quarter ended March 2024, representing a year- over-year increase of 21.8%. EPS of 0.44 for the same period compares to 0.01ayearago.Thereportedrevenuerepresentsasurpriseof−2.750.01 a year ago. The reported revenue represents a surprise of -2.75% over the Zacks Consensus Estimate of 360.26 million. With the consensus EPS estimate being $0.59, the EPS surprise was -25.42%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...