Dassault Systemes DASTY is gearing up to announce its quarterly earnings on Thursday, 2024-10-24. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Dassault Systemes will report an earnings per share (EPS) of $0.32.
Anticipation surrounds Dassault Systemes's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Historical Earnings Performance
During the last quarter, the company reported an EPS missed by $0.00, leading to a 4.52% increase in the share price on the subsequent day.
Here's a look at Dassault Systemes's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.32 | 0.32 | 0.40 | 0.280 |
EPS Actual | 0.32 | 0.33 | 0.39 | 0.305 |
Price Change % | 5.0% | 1.0% | -3.0% | 1.0% |
Stock Performance
Shares of Dassault Systemes were trading at $35.95 as of October 22. Over the last 52-week period, shares are down 10.25%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for Dassault Systemes visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.