Descartes Systems Group Earnings Preview: Can This Streak Continue?
Descartes Systems Group (NASDAQ:DSGX) will report earnings before markets open on Thursday, May 30th. The Descartes Systems Group Inc. provides inter-enterprise software for the execution of supply-chain management, especially for delivery-intensive companies. The Company’s products allow users to share and process information via the Internet. Descartes licenses software to customers worldwide.
Here is your Cheat Sheet to Descartes Systems Group Earnings:
Earnings Expectations: Analysts expect earnings of $0.15 per share on revenues of $33.77 million. Currently, the company’s P/E ratio stands at 42.24.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.13 to a profit $0.16. For the current year, the average estimate is a profit of $0.6, which is better than the estimate ninety days ago.
Here’s how Descartes Systems Group has been performing on an annual basis:
|Revenue ($) in millions||66||74||99||114||127|
|Diluted EPS ($)||0.38||0.25||0.18||0.19||0.25|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||29.86||30.54||32.69||33.80|
|Diluted EPS ($)||0.04||0.04||0.05||0.12|
Descartes Systems Group has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)