Certara Inc expected to post earnings of 12  cents a share - Earnings Preview

Certara

06/05/2023 03:01

* Certara Inc  CERT.OQ   CERT.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 8. 
    * The Princeton New Jersey-based  company is expected to
report  a
11.6% increase in revenue to $90.992 million from $81.55 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Certara Inc is for
earnings of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"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
$25​, above​ its last closing price of $23.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.13        0.13       0.16      Beat    23.2
 Sep. 30 2022  0.09        0.10       0.10      Met     -1.5
 Jun. 30 2022  0.11        0.11       0.09      Missed  -18.2​
 Mar. 31 2022  0.09        0.09       0.11      Beat    16
 ​​Dec.        0.10        0.09       0.01      Missed  -88.3
 31 2021                                                
 Sep. 30 2021  0.06        0.06       0.07      Beat    21.7​
 Jun. 30 2021  0.05        0.05       0.03      Missed  -39.2
 Mar. 31 2021  0.05        0.04       0.06      Beat    34.8
 This summary was machine generated May 6 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated