Schrodinger Inc expected to post earnings of $1.31 a share - Earnings Preview

Schrodinger

03/05/2023 03:02

* Schrodinger Inc  SDGR.OQ   SDGR.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 4. 
    * The New York City-based  company is expected to report  a
33.5% increase in revenue to $64.947 million from $48.66 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Schrodinger Inc is
for
earnings of $1.31 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 $46​, above​ its last closing price of $28.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.55       -0.53      -0.38     Beat    28.5
 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
 ​​Dec.        -0.54       -0.39      -0.43     Missed  -11.4
 31 2021                                                
 Sep. 30 2021  -0.43       -0.43      -0.49     Missed  -14.6​
 Jun. 30 2021  -0.35       -0.33      -0.49     Missed  -46.3
 Mar. 31 2021  -0.21       -0.16      0.00      Beat    100
 This summary was machine generated May 3 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated