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 1.380-1.417 for the period, compared to the consensus earnings per share 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 Stock Performance

DASTY opened at $33.87 on Friday. 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 12-month low of $33.80 and a 12-month high of $53.00. The business has a 50 day moving average of $38.12 and a 200-day moving average of $38.77. The stock has a market cap of $45.33 billion, a price-to-earnings ratio of 38.06, a PEG ratio of 3.35 and a beta of 0.91.

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