Market Overview

My goal is to be on stage with my computer and let you
see my screen and make sure you know what buttons to
press, where you’re getting in & out, how to calculate
risk, your targets — all of those things.
It’s real-life trading. Make sure you sign up!
- Jerremy Newsome
GET TICKETS

Descartes Systems Group's Q2 Earnings Preview

Share:

Descartes Systems Group (NASDAQ: DSGX) releases its next round of earnings this Wednesday. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.

Earnings and Revenue

Wall Street analysts see Descartes Systems Group reporting earnings of 10 cents per share on sales of $67.57 million.

Revenue would be have grown 17.94 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q1 2019 Q4 2018 Q3 2018 Q2 2018
EPS Estimate 0.11 0.1 0.1 0.1
EPS Actual 0.09 0.09 0.08 0.09

Stock Performance

Over the last 52-week period, shares are up 22.71 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on Descartes Systems Group stock is a Neutral. The strength of this rating has risen over the past three months.

Conference Call

Descartes Systems Group's Q2 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://www.descartes.com/descartes/investor-relations

Posted-In: Earnings News

 

Related Articles (DSGX)

View Comments and Join the Discussion!

Mitcham Industries's Q2 Earnings Outlook

Guidewire Software's Q4 Earnings Preview