Don't be caught off-guard: Alkermes ALKS releases its next round of earnings this Thursday. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for Thursday's Q2 earnings announcement before the bell.
Earnings and Revenue
Based on management's projections, Alkermes analysts model for earnings of 14 cents per share on sales of $247 million.
In the same quarter last year, Alkermes reported EPS of 1 cent on revenue of $218.84 million. Revenue would be up 12.9 percent from the same quarter last year. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | -0.06 | 0.22 | -0.01 | -0.01 |
| EPS Actual | -0.09 | 0.31 | 0.03 | 0.01 |
Stock Performance
Over the past 52-week period, shares of Alkermes have declined 21.6 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular rating by analysts on Alkermes stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Alkermes' Q2 conference call is scheduled to begin at 8:30 a.m. ET and can be accessed here: http://phx.corporate-ir.net/phoenix.zhtml?c=92211&p=irol-calendar
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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