Descartes Systems Group Inc reports results for the quarter ended in October - Earnings Summary

Descartes Systems group

07/12/2022 22:36

* Descartes Systems Group Inc  DSG.TO  reported quarterly
adjusted
earnings of 31 cents​​ per share for the quarter ended in
October. The mean expectation of ten analysts for the quarter
was for earnings of 27 cents per share.
    * Revenue rose 11.5% to $121.47 million from a year ago;
analysts
expected $122.48 million. 
    * Descartes Systems Group Inc's reported EPS for the quarter
was
31 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Descartes Systems Group Inc shares had risen by 3.9% this
quarter and lost 12.9% so far this year.
    * The company reported quarterly net income of $26.47
million.
    * Wall Street's median 12-month price target for Descartes
Systems
Group Inc is $96.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data December
7 at 10:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      0.27           0.31           Beat
 Jul. 31 2022      0.27           0.27           Met
 Apr. 30 2022      0.26           0.27           Beat
 Jan. 31 2022      0.24           0.22           Missed