Certara Inc expected to post earnings of 10 cents a share - Earnings Preview

Certara

03/05/2024 23:35

* Certara Inc  CERT.OQ   CERT.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Radnor Pennsylvania-based  company is expected to
report a
3.7% increase in revenue to $93.637 million from $90.3 million a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Certara Inc is for
earnings of
10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Certara Inc
is
$20.00​, above​ its last closing price of $17.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.11        0.11       0.09      Missed  -17.4
 Sep. 30 2023  0.11        0.11       0.11      Met     0.9
 Jun. 30 2023  0.13        0.13       0.12      Missed  -4.5​
 Mar. 31 2023  0.12        0.12       0.12      Met     -0.8
 ​​Dec.        0.13        0.13       0.16      Beat    23.2
 31 2022                                                
 Sep. 30 2022  0.09        0.10       0.10      Met     -1.5​
 Jan. 1 0001   0.11        0.11       0.09      Missed  -18.2
 Mar. 31 2022  0.09        0.09       0.11      Beat    16
 This summary was machine generated May 3 at 22:35 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)