Simulations Plus Inc expected to post earnings of 15 cents a share - Earnings Preview

Simulations Plus

28/06/2024 21:23

* Simulations Plus Inc  SLP.OQ   SLP.O  is expected to show
a rise
in quarterly revenue when it reports  results on July 2 for the
period ending May 31 2024
    * The Lancaster California-based  company is expected to
report a
10.4% increase in revenue to $17.919 million from $16.23 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Simulations Plus Inc is
for
earnings of 15 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "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 Simulations
Plus
Inc is $60.00​, above​ its last closing price of $47.88. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.19        0.19       0.20      Beat    5.3
 Jan. 1 0001   0.14        0.10       0.10      Met     0
 Jan. 1 0001   0.18        0.18       0.02      Missed  -89.1​
 May. 31 2023  0.20        0.20       0.20      Met     -1.6
 ​​Feb.        0.19        0.18       0.20      Beat    11.1
 28 2023                                                
 Nov. 30 2022  0.07        0.09       0.06      Missed  -29.4​
 Aug. 31 2022  0.06        0.07       0.04      Missed  -42.9
 May. 31 2022  0.18        0.18       0.20      Beat    14.3
 This summary was machine generated June 28 at 20:23 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)