Dassault Systèmes (OTCMKTS:DASTY) Updates Q3 2024 Earnings Guidance

Dassault Systèmes (OTCMKTS:DASTY) issued an update on its third quarter 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 0.310-0.319 for the period, compared to the consensus EPS estimate of 0.330. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion. Dassault Systèmes also updated its FY 2024 guidance to 1.397-1.430 EPS.

Dassault Systèmes Stock Up 4.5 %

Shares of Dassault Systèmes stock traded up $1.65 during trading hours on Friday, hitting $38.13. The company had a trading volume of 197,612 shares, compared to its average volume of 108,296. The company’s 50-day moving average is $38.82 and its two-hundred day moving average is $42.87. The company has a market cap of $51.03 billion, a P/E ratio of 30.66, a price-to-earnings-growth ratio of 3.38 and a beta of 0.91. Dassault Systèmes has a twelve month low of $35.62 and a twelve month high of $53.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.72 and a quick ratio of 1.72.

Dassault Systèmes (OTCMKTS:DASTY) last posted its quarterly earnings data on Thursday, April 25th. The technology company reported $0.28 earnings per share for the quarter, meeting the consensus estimate of $0.28. The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.63 billion. Dassault Systèmes had a return on equity of 18.53% and a net margin of 18.50%. Analysts anticipate that Dassault Systèmes will post 1.27 earnings per share for the current fiscal year.

About Dassault Systèmes

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.