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

Dassault Systèmes (OTCMKTS:DASTY) updated its FY 2024 earnings guidance on Thursday. 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 Price Performance

Shares of DASTY traded down $0.98 during midday trading on Friday, hitting $33.87. 73,279 shares of the company traded hands, compared to its average volume of 127,192. 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. The firm has a 50 day moving average of $38.12 and a 200-day moving average of $38.81. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.72 and a current ratio of 1.72. Dassault Systèmes has a 52 week low of $33.80 and a 52 week high of $53.00.

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