The Descartes Systems Group Inc. (NASDAQ:DSGX) is set to announce third quarter earning results on Wednesday 2nd December 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, DSGX to report 3Q21 income of $ 0.14 per share from revenue of $ 85.98 million.
For the full year, analysts anticipate top line of $ 342.64 million, while looking forward to income of $ 0.54 per share bottom line.
Previous Quarter Performance
The Descartes Systems Group Inc. unfold income for the second quarter of $ 0.12 per share, from the revenue of $ 84.05 million. The quarterly earnings increased 20.00 percent while revenues gained 4.36 percent compared with the same quarter last year. The top line results outshined analysts by $ 2.64 million or 3.24 percent.
Stock Performance
Shares of The Descartes Systems Group Inc. traded low $ -0.81 or -1.37 percent on Tuesday, reaching $ 58.48 with volume of 224.10 thousand shares. The Descartes Systems Group Inc. has traded high as $ 59.89 and has cracked $ 58.10 on the downward trend
According to the previous trading day, closing price of $ 58.48, representing a 143.49 % increase from the 52 week low of $ 24.35 and a 6.05 % decrease over the 52 week high of $ 63.11.
The company has a market capital of $ 4.94 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 2nd December 2020, to discuss its 3Q21 financial results with the investment community. The participants may dial, +1 888 465-5079 U.S. or +1 416 216-4169 Toll Number, with passcode : 6017 624 in order to access the live audio call. 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.
