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For the quarter ended October 2024, Descartes Systems (DSGX) reported revenue of $168.76 million, up 16.6% over the same period last year. EPS came in at $0.42, compared to $0.31 in the year-ago quarter.
The reported revenue represents a surprise of +3.54% over the Zacks Consensus Estimate of $162.98 million. With the consensus EPS estimate being $0.44, the EPS surprise was -4.55%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Descartes Systems performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Revenues- Services: $149.68 million compared to the $146.69 million average estimate based on two analysts.
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Revenues- License: $3.46 million versus $1.39 million estimated by two analysts on average.
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Revenues- Professional services and other: $15.62 million versus $14.90 million estimated by two analysts on average.
View all Key Company Metrics for Descartes Systems here>>>
Shares of Descartes Systems have returned +8.1% over the past month versus the Zacks S&P 500 composite's +5.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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The Descartes Systems Group Inc. (DSGX) : Free Stock Analysis Report