Market Overview

Earnings Preview for Descartes Systems Gr

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Descartes Systems Gr (NASDAQ: DSGX) announces its next round of earnings this Wednesday, September 09. Here is Benzinga's everything-that-matters guide for this Wednesday's Q2 earnings announcement.

Earnings and Revenue

Analysts covering Descartes Systems Gr modeled for quarterly EPS of $0.12 on revenue of $81.41 million. In the same quarter last year, Descartes Systems Gr reported earnings per share of $0.1 on sales of $80.54 million. If the company were to report inline earnings when it publishes results Wednesday, earnings would be up 20.0%. Sales would be up 4.83% on a year-over-year basis. Descartes Systems Gr's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.13 0.12 0.11 0.08
EPS Actual 0.13 0.13 0.11 0.10
Revenue Estimate 85.54 M 84.50 M 82.90 M 80.14 M
Revenue Actual 83.70 M 84.20 M 83.03 M 80.54 M

Stock Performance

Over the last 52-week period, shares are up 37.97%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Descartes Systems Gr is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=C0A2B254-897C-4894-A8EF-AE3B11790B3E&LangLocaleID=1033

 

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