Descartes Systems Group Inc reports results for the quarter ended January 31 - Earnings Summary

Descartes Systems group

06/03/2025 03:48

Descartes Systems Group Inc DSG.TO reported quarterly adjusted earnings of 43 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 37 cents.  The mean expectation of nine analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 38 cents to 46 cents per share.

Revenue rose 13% to $167.50 million from a year ago; analysts expected $170.43 million.

Descartes Systems Group Inc's reported EPS for the quarter was 43 cents​.

The company reported quarterly net income of $37.4 million.

Descartes Systems Group Inc shares had fallen by 3.5% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.1% 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 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Descartes Systems Group Inc is $102.36

This summary was machine generated from LSEG data March 6 at 03:48 a.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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jan. 31 2025
0.42
0.43
Beat
Oct. 31 2024
0.40
0.42
Beat
Jul. 31 2024
0.40
0.40
Met
Apr. 30 2024
0.39
0.40
Beat