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

Dassault Systèmes (OTCMKTS:DASTY) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.397-1.430 for the period, compared to the consensus earnings per share estimate of 1.390. The company issued revenue guidance of $6.9 billion-$7.0 billion, compared to the consensus revenue estimate of $6.9 billion. Dassault Systèmes also updated its Q3 2024 guidance to 0.310-0.319 EPS.

Dassault Systèmes Trading Down 0.4 %

OTCMKTS:DASTY traded down $0.13 during trading hours on Thursday, hitting $36.48. 118,362 shares of the stock were exchanged, compared to its average volume of 136,796. The company’s 50 day moving average is $38.88 and its two-hundred day moving average is $42.93. The company has a market capitalization of $48.83 billion, a P/E ratio of 40.99, a price-to-earnings-growth ratio of 3.44 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 quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.25.

Dassault Systèmes (OTCMKTS:DASTY) last issued its quarterly earnings results on Thursday, April 25th. The technology company reported $0.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.28. The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. Dassault Systèmes had a return on equity of 18.30% and a net margin of 17.96%. On average, sell-side analysts anticipate that Dassault Systèmes will post 1.28 earnings per share for the current fiscal year.

Dassault Systèmes Company Profile

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.