The Descartes Systems Group Inc. (NASDAQ:DSGX) is set to announce second quarter earning results on Wednesday 9th September 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, DSGX to report 2Q21 income of $ 0.12 per share from revenue of $ 81.41 million.
For the full year, analysts anticipate top line of $ 340.13 million, while looking forward to income of $ 0.55 per share bottom line.
Previous Quarter Performance
The Descartes Systems Group Inc. unfold income for the first quarter of $ 0.13 per share, from the revenue of $ 83.70 million. The quarterly earnings escalated 44.44 percent compared with the same quarter last year. The consensus estimates are income of $ 0.13 per share from $ 85.54 million in revenue. The top line results fell short of analysts by $ 1.84 million or 2.15 percent.
Stock Performance
Shares of The Descartes Systems Group Inc. traded low $ -1.02 or -1.79 percent on Tuesday, reaching $ 55.85 with volume of 159.40 thousand shares. The Descartes Systems Group Inc. has traded high as $ 56.82 and has cracked $ 54.30 on the downward trend
According to the previous trading day, closing price of $ 55.85, representing a 133.55 % increase from the 52 week low of $ 24.35 and a 9.89 % decrease over the 52 week high of $ 63.11.
The company has a market capital of $ 4.69 billion and is part of the Technology sector and Software – Application industry.
Conference Call
The Descartes Systems Group Inc. will be hosting a conference call at 5:00 PM eastern time on 9th September 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.descartes.com
The Descartes Systems Group Inc. provides federated network and logistics technology solutions worldwide. Its Logistics Application Suite offers a range of modular, cloud-based, and interoperable Web and wireless logistics management applications.
