What to Expect from Simulations Plus's Earnings

Simulations Plus (NASDAQ:SLP) will release its quarterly earnings report on Wednesday, 2024-10-23. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Simulations Plus to report an earnings per share (EPS) of $0.03.

Simulations Plus bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Overview of Past Earnings

During the last quarter, the company reported an EPS beat by $0.04, leading to a 14.87% drop in the share price on the subsequent day.

Here's a look at Simulations Plus's past performance and the resulting price change:

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

EPS Estimate

0.15

0.19

0.1

0.18

EPS Actual

0.19

0.20

0.1

0.18

Price Change %

-15.0%

24.0%

-5.0%

-15.0%

Market Performance of Simulations Plus's Stock

Shares of Simulations Plus were trading at $34.28 as of October 21. Over the last 52-week period, shares are down 12.04%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Insights Shared by Analysts on Simulations Plus

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