Alkermes (ALKS) Misses Q1 Earnings and Revenue Estimates

Alkermes (ALKS) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of$ 0.28 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -53.57%. A quarter ago, it was expected that this drugmaker would post earnings of$ 0.81 per share when it actually produced earnings of $1.04, delivering a surprise of 28.40%.Over the last four quarters, the company has ...