Descartes Systems (DSGX) Lags Q3 Earnings Estimates
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Descartes Systems (DSGX) reported Q3 earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.44. This is an improvement from $0.31 per share a year ago.
December 04, 2024 | 12:30 am
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NEGATIVE IMPACT
Descartes Systems reported Q3 earnings of $0.42 per share, missing the expected $0.44. Despite the miss, earnings improved from $0.31 a year ago.
The earnings miss is likely to have a negative short-term impact on DSGX's stock price as it did not meet analyst expectations. However, the year-over-year improvement may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100