Schrodinger Inc expected to post a loss of 60 cents a share - Earnings Preview

Schrodinger

08/11/2024 15:29

* Schrodinger Inc  SDGR.OQ   SDGR.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 12 for
the period ending January 1 0001
    * The New York City-based  company is expected to report a
4.7% decrease in revenue to $40.568 million from $42.57 million
a year ago, according to the mean estimate from 10 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Schrodinger Inc is for a
loss
of 60 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "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 $30.00​, above​ its last closing price of $18.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.89       -0.85      -0.74     Beat    13.2
 Mar. 31 2024  -0.76       -0.75      -0.76     Missed  -1.5
 Dec. 31 2023  -0.39       -0.38      -0.41     Missed  -8.7​
 Jan. 1 0001   -0.68       -0.71      -0.86     Missed  -21
 ​​Jan.        -0.47       -0.47      0.06      Beat    112.8
 1 0001                                                 
 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. 30 2022  -0.65       -0.65      -0.56     Beat    13.5
 This summary was machine generated November 8 at 15:29 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)