Simulations Plus Inc expected to post earnings of 9cents a share - Earnings Preview

Simulations Plus

02/01/2023 21:02

* Simulations Plus Inc  SLP.OQ   SLP.O  is expected to show
a fall
in quarterly revenue when it reports  results on January 4. 
    * The Lancaster California-based  company is expected to
report  a
0.5% decrease in revenue to $12.36 million from $12.42 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Simulations Plus
Inc is
for earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $60.5​, above​ its last closing price of $36.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Nov. 30 2021  0.09        0.09       0.15      Beat    73.1
 ​​Aug.        0.06        0.05       0.01      Missed  -81.2
 31 2021                                                
 May. 31 2021  0.16        0.18       0.18      Met     1.9​
 Feb. 28 2021  0.14        0.14       0.15      Beat    9.8
 Nov. 30 2020  0.11        0.11       0.12      Beat    11.6
 This summary was machine generated January 2 at 21:02 GMT.  All
figures in US dollars  unless otherwise stated