Earnings Preview For Descartes Systems Gr

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Descartes Systems Gr DSGX is set to give its latest quarterly earnings report on Wednesday, 2024-03-06. Here's what investors need to know before the announcement.

Analysts estimate that Descartes Systems Gr will report an earnings per share (EPS) of $0.36.

Descartes Systems Gr bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

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).

Past Earnings Performance

Last quarter the company missed EPS by $0.03, which was followed by a 0.65% increase in the share price the next day.

Here's a look at Descartes Systems Gr's past performance and the resulting price change:

Quarter Q3 2024 Q2 2024 Q1 2024 Q4 2023
EPS Estimate 0.34 0.33 0.33 0.29
EPS Actual 0.31 0.32 0.34 0.34
Price Change % 1.0% -1.0% -1.0% 4.0%

Stock Performance

Shares of Descartes Systems Gr were trading at $90.52 as of March 04. Over the last 52-week period, shares are up 11.56%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Descartes Systems Gr visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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