CORRECTION: Simulations Plus Sees FY24 EPS $0.66-$0.68 Vs $0.66 Est.; Revenue $66M-$69M Vs $67.160M Est.
Portfolio Pulse from Benzinga Newsdesk
Simulations Plus has provided its financial outlook for FY24, projecting EPS in the range of $0.66-$0.68, closely aligning with the estimated $0.66. The company anticipates revenue to be between $66M-$69M, which brackets the estimated $67.160M.
April 03, 2024 | 8:30 pm
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Simulations Plus forecasts FY24 EPS of $0.66-$0.68, closely matching the $0.66 estimate, and anticipates revenues of $66M-$69M, closely surrounding the $67.160M estimate.
The financial outlook provided by Simulations Plus for FY24 is closely aligned with analyst estimates, indicating a positive outlook and potentially reassuring investors. The EPS forecast matches the estimate, and the revenue projection is within a tight range around the estimated figure, suggesting that the company is on track to meet or slightly exceed expectations. This alignment with estimates, especially in a forward-looking statement, can be seen as a positive signal to the market, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100