Earnings Preview: Simulations Plus
Portfolio Pulse from Benzinga Insights
Simulations Plus (NASDAQ:SLP) is scheduled to release its quarterly earnings report on Wednesday, 2024-01-03, with analysts expecting an EPS of $0.10. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, the company's stock price has been sensitive to earnings performance and guidance. Last quarter, SLP missed EPS estimates by $0.00, resulting in a 14.7% share price drop the following day. Over the last year, SLP shares have risen 19.96%, trading at $44.75 as of January 01.
January 02, 2024 | 2:00 pm
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NEUTRAL IMPACT
Simulations Plus is expected to report an EPS of $0.10 for the latest quarter. Investors are anticipating not just an earnings beat but also positive future guidance. Historical data shows significant stock price movement post-earnings.
The expected EPS is a key focus, but guidance will likely play a larger role in stock movement. Given the historical sensitivity of SLP's stock to earnings reports, the upcoming announcement could lead to significant price volatility. However, the score is neutral due to the lack of information on whether the expectations will be met or exceeded.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100