Alkermes plc (NASDAQ: ALKS) has announced that it will be unveiling its third quarter financial results on Thursday 24th October 2024. This eagerly anticipated announcement is scheduled to occur before market open, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
Financial experts on Wall Street anticipate that the business is set to announce an estimated $0.73 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $382.22 million for this specific period.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $0.64. This numbers can be credited to the company's total revenue, which amounted to an impressive $380.94 million during the same quarter.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $1.51 billion. Additionally, they are expecting the company to achieve per share profit of $2.68 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.72 | +30.9% | 399.13 M | -35.4% |
| Q1 2024 | $0.44 | +4,300.0% | 350.37 M | +21.8% |
| Q4 2023 | $0.48 | +242.9% | 377.48 M | +23.9% |
| Q3 2023 | $0.64 | +3,100.0% | 380.94 M | +51.0% |
| Q2 2023 | $0.55 | +816.7% | 617.40 M | +123.5% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 24th October 2024 at 08:00 AM eastern time to review the Q3 2024 financial results.
Tuesday's trading saw Alkermes plc (ALKS) shares hit a low of $27.30 and a high of $28.42, with a day volume of 1.20 million shares. The stock closed the regular trading session at $28.10, marking 1.41 percent gain.
