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 earnings per share (EPS) guidance of 0.310-0.319 for the period, compared to the consensus 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 Down 1.7 %

DASTY stock traded down $0.64 during trading hours on Thursday, reaching $36.61. 103,557 shares of the stock were exchanged, compared to its average volume of 104,893. The company has a market cap of $49.00 billion, a price-to-earnings ratio of 32.39, a PEG ratio of 3.44 and a beta of 0.91. Dassault Systèmes has a 12 month low of $35.62 and a 12 month high of $53.00. The firm’s 50-day moving average is $38.97 and its 200-day moving average is $42.98. 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 issued its quarterly earnings results on Thursday, April 25th. The technology company reported $0.28 EPS for the quarter, meeting the consensus estimate of $0.28. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Dassault Systèmes had a return on equity of 18.30% and a net margin of 17.96%. On average, equities research analysts expect that Dassault Systèmes will post 1.28 earnings per share for the current 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.