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Descartes Programs (DSGX) Experiences Q3 Earnings: What Key Metrics Must Say

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For the quarter ended October 2024, Descartes Programs (DSGX) reported income of $168.76 million, up 16.6% over the identical interval final 12 months. EPS got here in at $0.42, in comparison with $0.31 within the year-ago quarter.

The reported income represents a shock of +3.54% over the Zacks Consensus Estimate of $162.98 million. With the consensus EPS estimate being $0.44, the EPS shock was -4.55%.

Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.

Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher venture a inventory’s worth efficiency.

Right here is how Descartes Programs carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:

  • Revenues- Providers: $149.68 million in comparison with the $146.69 million common estimate primarily based on two analysts.
  • Revenues- License: $3.46 million versus $1.39 million estimated by two analysts on common.
  • Revenues- Skilled providers and different: $15.62 million versus $14.90 million estimated by two analysts on common.

View all Key Company Metrics for Descartes Systems here>>>

Shares of Descartes Programs have returned +8.1% over the previous month versus the Zacks S&P 500 composite’s +5.8% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it might carry out in keeping with the broader market within the close to time period.

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