Simulations Plus Inc expected to post earnings of 20  cents a share - Earnings Preview

Simulations Plus

04/07/2023 21:04

* Simulations Plus Inc  SLP.OQ   SLP.O  is expected to show
a rise
in quarterly revenue when it reports  results on July 6. 
    * The Lancaster California-based  company is expected to
report  a
9.2% increase in revenue to $16.339 million from $14.96 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 20 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 $44.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Feb. 28 2023  0.19        0.18       0.20      Beat    11.1
 Nov. 30 2023  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
 ​​Feb.        0.15        0.14       0.21      Beat    50
 28 2022                                                
 Nov. 30 2021  0.09        0.09       0.15      Beat    73.1​
 Aug. 31 2021  0.06        0.05       0.01      Missed  -81.2
 May. 31 2021  0.16        0.18       0.18      Met     1.9
 This summary was machine generated July 4 at 20:04 GMT.  All
figures in US dollars  unless otherwise stated