Schrodinger Inc expected to post a loss of 75 cents a share - Earnings Preview

Schrodinger

29/04/2024 22:57

* Schrodinger Inc  SDGR.OQ   SDGR.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
35.2% decrease in revenue to $41.966 million from $64.78 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 75 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 $37.50​, above​ its last closing price of $24.44. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.39       -0.38      -0.41     Missed  -8.7
 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.        -0.55       -0.53      -0.38     Beat    28.5
 31 2022                                                
 Sep. 30 2022  -0.65       -0.65      -0.56     Beat    13.5​
 Jun. 30 2022  -0.64       -0.61      -0.67     Missed  -9.3
 Mar. 31 2022  -0.50       -0.52      -0.48     Beat    6.7
 This summary was machine generated April 29 at 21:57 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)