Canada's Descartes Q4 revenue beats estimates
Overview
Canada logistics software firm's fiscal Q4 revenue rose 15% yr/yr, beating analyst expectations
Adjusted EBITDA for fiscal Q4 beat consensus, rising 18% yr/yr
Outlook
Company did not provide specific guidance for future quarters or the full year in its press release but says that tariff uncertainty and geopolitical shifts continue to impact supply chain conditions
Result Drivers
SERVICES REVENUE GROWTH - Q4 revenue growth driven by 15% increase in services revenue, which accounted for 93% of total revenue
Company press release: ID:nGNX5qRmG1
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $192.8 mln | $188.52 mln (6 Analysts) |
Q4 EPS |
| $0.52 |
|
Q4 Net Income |
| $45.6 mln |
|
Q4 Adjusted EBITDA | Beat | $88.7 mln | $85.53 mln (7 Analysts) |
Q4 Gross Margin |
| 78% |
|
Q4 Operating Income |
| $59 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 39 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
