Descartes Systems Group (Nasdaq: DSGX) is expected to report Q1 earnings on May 30. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Descartes Systems Group's revenues will increase 12.4% and EPS will increase 114.3%.

The average estimate for revenue is $33.6 million. On the bottom line, the average EPS estimate is $0.15.

Revenue details
Last quarter, Descartes Systems Group recorded revenue of $33.8 million. GAAP reported sales were 14% higher than the prior-year quarter's $29.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.20. GAAP EPS of $0.12 for Q4 were 71% higher than the prior-year quarter's $0.07 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 68.0%, 220 basis points better than the prior-year quarter. Operating margin was 14.1%, 40 basis points worse than the prior-year quarter. Net margin was 23.0%, 770 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $146.2 million. The average EPS estimate is $0.65.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 43 members out of 44 rating the stock outperform, and one members rating it underperform. Among 13 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 12 give Descartes Systems Group a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Descartes Systems Group is outperform, with an average price target of $10.30.

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