Descartes Systems Group Inc expected to post earnings of 40 cents a share - Earnings Preview

Descartes Systems group

02/09/2024 21:03

* Descartes Systems Group Inc  DSG.TO   is expected to show
a rise
in quarterly revenue when it reports  results on September 4 for
the period ending July 31 2024
    * The Waterloo Ontario-based  company is expected to report
a
11.7% increase in revenue to $160.18 million from $143.39
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Descartes Systems Group
Inc is
for earnings of 40 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Descartes
Systems
Group Inc is $95.73​, below​ its last closing price of C$135.89.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  0.39        0.39       0.40      Beat    2.2
 Jan. 31 2024  0.36        0.37       0.37      Met     1
 Oct. 31 2023  0.34        0.34       0.31      Missed  -8.8​
 Jul. 31 2023  0.34        0.33       0.32      Missed  -4.1
 ​​Apr.        0.34        0.33       0.34      Beat    1.9
 30 2023                                                
 Jan. 31 2023  0.30        0.29       0.34      Beat    15.9​
 Oct. 31 2022  0.27        0.27       0.31      Beat    13.4
 Jul. 31 2022  0.27        0.27       0.27      Met     -0.5
 This summary was machine generated September 2 at 20:03 GMT. 
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)