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Dassault Systèmes (OTCMKTS:DASTY) Updates FY 2024 Earnings Guidance

Dassault Systèmes logo with Computer and Technology background

Dassault Systèmes (OTCMKTS:DASTY - Get Free Report) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 1.380-1.417 for the period, compared to the consensus EPS estimate of 1.370. The company issued revenue guidance of $6.7 billion-$6.8 billion, compared to the consensus revenue estimate of $6.8 billion. Dassault Systèmes also updated its Q4 2024 guidance to 0.410-0.447 EPS.

Dassault Systèmes Price Performance

Shares of OTCMKTS DASTY traded down $0.70 during trading on Thursday, hitting $34.85. The company had a trading volume of 71,863 shares, compared to its average volume of 127,448. The firm has a market capitalization of $46.64 billion, a price-to-earnings ratio of 39.16, a price-to-earnings-growth ratio of 3.35 and a beta of 0.91. The stock has a fifty day simple moving average of $38.25 and a two-hundred day simple moving average of $38.90. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.25. Dassault Systèmes has a fifty-two week low of $34.80 and a fifty-two week high of $53.00.

Dassault Systèmes (OTCMKTS:DASTY - Get Free Report) last released its earnings results on Thursday, July 25th. The technology company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.01). Dassault Systèmes had a net margin of 18.50% and a return on equity of 18.53%. The firm had revenue of $1.61 billion during the quarter, compared to analysts' expectations of $1.62 billion. On average, research analysts expect that Dassault Systèmes will post 1.26 earnings per share for the current year.

About Dassault Systèmes

(Get Free Report)

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.

See Also

Earnings History and Estimates for Dassault Systèmes (OTCMKTS:DASTY)

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