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

Simulations Plus

06/07/2023 22:01

* Simulations Plus Inc  SLP.OQ  reported quarterly adjusted
earnings of 20 cents​​ per share for the quarter ended in May.
The mean expectation of three analysts for the quarter was
for earnings of 20 cents per share.
    * Revenue rose 8.5% to $16.23 million from a year ago;
analysts
expected $16.34 million. 
    * Simulations Plus Inc's reported EPS for the quarter was 20
cents​.
    * The mean earnings estimate of analysts had risen by
about 3% 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 risen by 0.4% this
quarter and
gained 19.0% so far this year.
    * The company reported quarterly net income of $4.01
million.
    * 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 July
6 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Aug. 31 2022      0.07           0.04           Missed