Descartes Systems (DSGX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Descartes (DSGX) registers 11% top-line expansion year over year in fiscal first-quarter, driven by strategic acquisitions and a solid customer portfolio.
Descartes Systems (DSGX) delivered earnings and revenue surprises of -4.76% and 0.90%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?