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

Simulations Plus

03/04/2024 22:01

* Simulations Plus Inc  SLP.OQ  reported quarterly adjusted
earnings of 20 cents​​ per share for the quarter ended in
February, identical to the same quarter last year.  The mean
expectation of three analysts for the quarter was for earnings
of 19 cents per share. Wall Street expected results to range
from 18 cents to 20 cents per share.
    * Revenue rose 16.2% to $18.31 million from a year ago;
analysts
expected $17.28 million. 
    * Simulations Plus Inc shares had fallen by 6.2% this
quarter and
lost 13.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Simulations
Plus
Inc is $55.00 

This summary was machine generated from LSEG data April 3 at
09:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 29 2024      0.19           0.20           Beat
 Nov. 30 2023      0.10           0.10           Met
 Aug. 31 2023      0.18           0.02           Missed
 May. 31 2023      0.20           0.20           Met