Schrodinger Inc reports results for the quarter ended June 30 - Earnings Summary
Schrodinger Inc reports results for the quarter ended June 30 - Earnings Summary
Schrodinger Inc SDGR.OQ reported quarterly adjusted earnings of 8 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -59 cents. The mean expectation of seven analysts for the quarter was for a loss of 48 cents per share. Wall Street expected results to range from -82 cents to 8 cents per share.
Revenue rose 7.5% to $58.89 million from a year ago; analysts expected $47.23 million.
Schrodinger Inc's reported EPS for the quarter was 8 cents.
The company reported quarterly net income of $5.98 million.
Schrodinger Inc shares had fallen by 3.7% this quarter and lost 12.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 23% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Schrodinger Inc is $20.00, about 21.7% above its last closing price of $15.65
This summary was machine generated from LSEG data August 5 at 09:48 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.48 | 0.08 | Beat |
Mar. 31 2026 | -0.63 | -0.81 | Missed |
Dec. 31 2025 | -0.18 | 0.45 | Beat |
Sep. 30 2025 | -0.71 | -0.45 | Beat |
Recent news on Schrodinger
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Schrodinger Inc reports results for the quarter ended June 30 - Earnings Summary
Schrodinger Q2 revenue beats estimates, swings to profit
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