Certara (NASDAQ:CERT) reported its Q4 earnings results on Tuesday, March 1, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Certara missed estimated earnings by 87.5%, reporting an EPS of $0.01 versus an estimate of $0.08.
Revenue was up $10.71 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 4.72% drop in the share price the next day.
Here's a look at Certara's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.05 | 0.04 | 0.03 |
| EPS Actual | 0.07 | 0.03 | 0.06 | 0.09 |
| Revenue Estimate | 72.82M | 69.40M | 64.94M | 60.97M |
| Revenue Actual | 73.94M | 70.10M | 66.72M | 64.64M |
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).
Guidance
Certara management provided guidance for their next quarter, expecting earnings between $0.48 and $0.53 per share for the next quarter.
This represents a 4950.0% in quarter-over-quarter growth for Certara, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
