What to Expect from Simulations Plus's Earnings
Portfolio Pulse from Benzinga Insights
Simulations Plus (NASDAQ:SLP) is set to release its quarterly earnings on October 23, 2024. Analysts expect an EPS of $0.03. Despite past EPS beats, the stock has experienced significant price drops, highlighting the importance of future guidance. The stock is currently trading at $34.28, down 12.04% over the past year. Analysts rate it as 'Outperform' with a price target of $47.0, suggesting a 37.11% upside. Simulations Plus leads its peers in revenue growth and gross profit margin but has the lowest return on equity.
October 22, 2024 | 7:02 pm
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Simulations Plus is expected to report an EPS of $0.03. Despite past EPS beats, the stock has seen price drops, emphasizing the importance of future guidance. Analysts rate it 'Outperform' with a $47 price target, indicating a potential 37.11% upside.
The upcoming earnings report is crucial for Simulations Plus, as past EPS beats have not prevented stock price declines. The market will focus on future guidance. Analysts' 'Outperform' rating and a significant price target upside suggest positive sentiment, potentially boosting the stock if guidance is favorable.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100