Certara Inc reports results for the quarter ended in September 30 - Earnings Summary

Certara

07/11/2024 17:24

* Certara Inc  CERT.OQ  reported quarterly adjusted earnings
of 13
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 11 cents.  The mean expectation of eleven analysts for the
quarter was for earnings of 11 cents per share. Wall Street
expected results to range from 10 cents to 12 cents per share.
    * Revenue rose 10.8% to $94.82 million from a year ago;
analysts
expected $95.50 million. 
    * Certara Inc's reported EPS for the quarter was a loss of 1
cent​.
    * The company reported a quarterly loss of $1.37 million.
    * Certara Inc shares had fallen by 6.8% this quarter and
lost 38.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Certara Inc is
$15.50 
This summary was machine generated from LSEG data November 7 at
05:24 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 1 0001       0.11           0.13           Beat
 Jun. 30 2024      0.10           0.07           Missed
 Mar. 31 2024      0.10           0.10           Met
 Dec. 31 2023      0.11           0.09           Missed