• Simulations Plus Inc SLP.OQ reported quarterly adjusted earnings of 15 cents​​ per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of six analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 9 cents to 14 cents per share.

• Revenue rose 22.5% to $22.43 million from a year ago; analysts expected $21.93 million.

• Simulations Plus Inc's reported EPS for the quarter was 15 cents​.

• The company reported quarterly net income of $3.07 million.

• Simulations Plus Inc shares had risen by 1.0% this quarter and lost 11.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 57.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"

• Wall Street's median 12-month price target for Simulations Plus Inc is $50.00

This summary was machine generated from LSEG data April 3 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)