Gear Up for Descartes Systems (DSGX) Q3 Earnings: Wall Street Estimates for Key Metrics

Core Insights - Descartes Systems (DSGX) is expected to report quarterly earnings of $0.46 per share, reflecting a 9.5% increase year-over-year, with revenues forecasted at $182.56 million, an 8.2% increase from the previous year [1] Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions to stock performance, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock price performance [2] - Analysts have maintained the consensus EPS estimate for the quarter over the past 30 days, indicating a reassessment of projections [1] Revenue Projections - Analysts project 'Revenues- Services' to reach $167.08 million, indicating an 11.6% year-over-year increase [4] - 'Revenues- License' is forecasted at $2.78 million, reflecting a 19.6% decrease from the same quarter last year [4] - The average prediction for 'Revenues- Professional services and other' is $13.10 million, showing a 16.2% decline year-over-year [4] Stock Performance - Shares of Descartes Systems have decreased by 8.4% over the past month, contrasting with a 0.4% increase in the Zacks S&P 500 composite [5] - The company holds a Zacks Rank of 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [5]