Schrodinger Q2 Adj EPS $(0.79) Misses $(0.41) Estimate, Sales $35.19M Beat $33.01M Estimate
Portfolio Pulse from sunil@benzinga.com
Schrodinger (NASDAQ:SDGR) reported Q2 losses of $(0.79) per share, missing the analyst consensus estimate of $(0.41) by 92.68 percent, a 17.91 percent decrease from last year. However, the company beat sales estimates with $35.19 million, a 6.60 percent increase over the estimate of $33.01 million, but an 8.53 percent decrease from last year.
August 04, 2023 | 12:10 pm
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NEUTRAL IMPACT
Schrodinger's Q2 earnings per share missed estimates by a significant margin, while sales beat estimates. This mixed result could lead to uncertainty in the market.
Schrodinger's Q2 results were mixed, with a significant miss on earnings per share but a beat on sales. This could lead to uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100