Schrodinger Inc expected to post a loss of 38 cents a share - Earnings Preview

Schrodinger

27/02/2024 24:40

* Schrodinger Inc  SDGR.OQ   SDGR.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
39.0% increase in revenue to $79.005 million from $56.84 million
a year ago, according to the mean estimate from 9 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Schrodinger Inc is for a
loss
of 38 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 Schrodinger
Inc
is $44.00​, above​ its last closing price of $31.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.68       -0.71      -0.86     Missed  -21
 Jun. 30 2023  -0.47       -0.47      0.06      Beat    112.8
 Mar. 31 2023  1.25        1.31       1.75      Beat    33.2​
 Dec. 31 2022  -0.55       -0.53      -0.38     Beat    28.5
 ​​Sep.        -0.65       -0.65      -0.56     Beat    13.5
 30 2022                                                
 Jun. 30 2022  -0.64       -0.61      -0.67     Missed  -9.3​
 Mar. 31 2022  -0.50       -0.52      -0.48     Beat    6.7
 Dec. 31 2021  -0.54       -0.39      -0.43     Missed  -11.4
 This summary was machine generated February 27 at 00:40 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)