Certara Inc reports results for the quarter ended in December - Earnings Summary

Certara

02/03/2023 01:46

* Certara Inc  CERT.OQ  reported quarterly adjusted earnings
of 16
cents​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for earnings
of 13 cents per share.
    * Revenue rose 15% to $86.63 million from a year ago;
analysts
expected $82.55 million. 
    * Certara Inc's reported EPS for the quarter was 6 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Certara Inc shares had risen by 12.8% this quarter.
    * The company reported quarterly net income of $9.17
million.
    * Wall Street's median 12-month price target for Certara Inc
is
$21.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 2
at 01:45 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.13           0.16           Beat
 Sep. 30 2022      0.10           0.10           Met
 Jun. 30 2022      0.11           0.09           Missed
 Mar. 31 2022      0.09           0.11           Beat