Schrodinger Inc reports results for the quarter ended in December - Earnings Summary

Schrodinger

28/02/2023 22:05

* Schrodinger Inc  SDGR.OQ  reported a quarterly adjusted
loss
of 38 cents​​ per share for the quarter ended in December. The
mean expectation of eight analysts for the quarter was for a
loss of 53 cents per share.
    * Revenue rose 23.1% to $56.84 million from a year ago;
analysts
expected $47.43 million. 
    * Schrodinger Inc's reported EPS for the quarter was a loss
of 38
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Schrodinger Inc shares had risen by 15.0% this quarter.
    * The company reported a quarterly loss of $27.21 million.
    * Wall Street's median 12-month price target for Schrodinger
Inc
is $51.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
28 at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.53          -0.38          Beat
 Sep. 30 2022      -0.65          -0.56          Beat
 Jun. 30 2022      -0.61          -0.67          Missed
 Mar. 31 2022      -0.52          -0.48          Beat