Dassault Systemes Q4 Adj EPS $0.39 Misses $0.40 Estimate, Sales $1.77B Miss $1.82B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dassault Systemes reported Q4 adjusted EPS of $0.39, missing the consensus estimate of $0.40, and sales of $1.77B, missing the estimate of $1.82B. Despite the miss, this represents an 11.14% increase in earnings and a 9.76% increase in sales compared to the same period last year.
February 01, 2024 | 8:05 am
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Dassault Systemes missed Q4 EPS and sales estimates, reporting $0.39 per share and $1.77B in sales versus expected $0.40 per share and $1.82B. However, the company showed year-over-year growth in both earnings and sales.
Missing both EPS and sales estimates is likely to have a negative short-term impact on Dassault Systemes' stock price. However, the year-over-year growth could mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100