Simulations Plus Inc expected to post earnings of 18  cents a share - Earnings Preview

Simulations Plus

24/10/2023 24:09

* Simulations Plus Inc  SLP.OQ   SLP.O  is expected to show
a rise
in quarterly revenue when it reports  results 
    * The Lancaster California-based  company is expected to
report  a
43.3% increase in revenue to $16.815 million from $11.73 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Simulations Plus
Inc is
for earnings of 18 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "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 $56​, above​ its last closing price of $39.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 May. 31 2023  0.20        0.20       0.20      Met     -1.6
 Feb. 28 2023  0.19        0.18       0.20      Beat    11.1
 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.        0.18        0.18       0.20      Beat    14.3
 31 2022                                                
 Feb. 28 2022  0.15        0.14       0.21      Beat    50​
 Nov. 30 2021  0.09        0.09       0.15      Beat    73.1
 Aug. 31 2021  0.06        0.05       0.01      Missed  -81.2
 This summary was machine generated October 23 at 23:09 GMT.  All
figures in US dollars  unless otherwise stated