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On Monday, Descartes Systems Group (NASDAQ:DSGX) will report its last quarter's earnings. Here is Benzinga's take on the company's release.
Earnings and Revenue
Analysts predict Descartes Systems Group will report earnings of 10 cents per share on revenue of $62.7 million.
In the same quarter last year, Descartes Systems Group reported earnings per share of 8 cents per share on revenue of $52.8 million. If the company were to match the consensus estimate when it reports Monday, EPS would be up 25 percent. Revenue would be up 18.83 percent from the year-ago period.
Here's how the Descartes Systems Group's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 0.1 | 0.1 | 0.1 | 0.09 |
| EPS Actual | 0.08 | 0.09 | 0.09 | 0.08 |
Stock Performance
Over the last 52-week period, shares are up 23.83 percent. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. The popular rating by analysts on Descartes Systems Group stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Descartes Systems Group is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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