Simulations Plus Inc reports results for the quarter ended in August - Earnings Summary

Simulations Plus

25/10/2023 22:43

* Simulations Plus Inc  SLP.OQ  reported quarterly adjusted
earnings of 2 cents​​ per share for the quarter ended in August.
The mean expectation of three analysts for the quarter was
for earnings of 18 cents per share.
    * Revenue rose 33.2% to $15.63 million from a year ago;
analysts
expected $16.82 million. 
    * Simulations Plus Inc's reported EPS for the quarter was 2
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Simulations Plus Inc shares had fallen by 4.5% this
quarter and
gained 8.9% so far this year.
    * The company reported quarterly net income of $534
thousand.
    * Wall Street's median 12-month price target for Simulations
Plus
Inc is $56.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 09:42 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2023      0.18           0.02           Missed
 May. 31 2023      0.20           0.20           Met
 Feb. 28 2023      0.18           0.20           Beat
 Nov. 30 2022      0.09           0.06           Missed