Alkermes's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Alkermes is set to announce its quarterly earnings on October 24, 2024, with analysts estimating an EPS of $0.74. The company's past performance shows a positive market reaction to earnings beats. Analysts rate Alkermes as 'Outperform' with a price target suggesting a 46.41% upside. Despite challenges in revenue growth, Alkermes maintains strong net margins and return on equity.
October 23, 2024 | 5:01 pm
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Alkermes is expected to announce its quarterly earnings with an estimated EPS of $0.74. Analysts rate the stock as 'Outperform' with a potential 46.41% upside. The company's past earnings beats have led to positive stock price reactions.
Alkermes is about to release its earnings, and the anticipation of an EPS of $0.74, along with a positive analyst rating, suggests a potential positive impact on the stock price. Historical data shows that earnings beats have led to stock price increases, indicating a likely positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100