FMP
May 30, 2022(Last modified: Dec 19, 2023)
RBC Capital analysts provided their outlook on The Descartes Systems Group Inc. (NASDAQ:DSGX) ahead of the company’s upcoming Q1/23 earnings, expected to be reported on June 1. The analysts expect revenue to increase 16% year-over-year to $115 million, compared to the Street estimate of $114 million.
The analysts estimate constant currency organic growth of 10% year-over-year in Q1, down from 16% in Q4 and 15% in 2022. Sequentially lower growth reflects tougher comps, normalizing e-commerce volumes, and lapping Brexit customs filings.
The analysts believe the company’s Q2 baseline and commentary will provide insight on the sustainability of near-term organic growth.
Introduction In corporate finance, assessing how effectively a company utilizes its capital is crucial. Two key metri...
Bank of America analysts reiterated a bullish outlook on data center and artificial intelligence capital expenditures fo...
Pinduoduo Inc., listed on the NASDAQ as PDD, is a prominent e-commerce platform in China, also operating internationally...