Simulations Plus Inc expected to post earnings of 19 cents a share - Earnings Preview

Simulations Plus

01/04/2024 21:05

* Simulations Plus Inc  SLP.OQ   SLP.O  is expected to show
a rise
in quarterly revenue when it reports  results on April 3 for the
period ending February 29 2024
    * The Lancaster California-based  company is expected to
report a
9.7% increase in revenue to $17.283 million from $15.75 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Simulations Plus Inc is
for
earnings of 19 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 $55.00​, above​ its last closing price of $41.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Nov. 30 2023  0.14        0.10       0.10      Met     0
 Aug. 31 2023  0.18        0.18       0.02      Missed  -89.1
 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.        0.07        0.09       0.06      Missed  -29.4
 30 2022                                                
 Aug. 31 2022  0.06        0.07       0.04      Missed  -42.9​
 May. 31 2022  0.18        0.18       0.20      Beat    14.3
 Feb. 28 2022  0.15        0.14       0.21      Beat    50
 This summary was machine generated April 1 at 20:05 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)