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

Certara

02/08/2024 22:50

* Certara Inc  CERT.OQ   CERT.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Radnor Pennsylvania-based  company is expected to
report a
6.2% increase in revenue to $96.05 million from $90.45 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 was unchanged 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 $15.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.10        0.10       0.10      Met     1
 Dec. 31 0001  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.        0.12        0.12       0.12      Met     -0.8
 31 2023                                                
 Jan. 1 0001   0.13        0.13       0.16      Beat    23.2​
 Jan. 1 0001   0.09        0.10       0.10      Met     -1.5
 Jun. 30 2022  0.11        0.11       0.09      Missed  -18.2
 This summary was machine generated August 2 at 21:50 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)