How does the reported Q2 FY2026 revenue and earnings compare to analysts' consensus expectations?

Descartes (NASDAQ DSGX) posted a record‑high Q2 FY2026 top‑line and bottom‑line, comfortably topping the Wall Street consensus. Management reported revenue of $1.31 billion, roughly 7‑8 % above the $1.22 billion analysts were looking for, while adjusted earnings came in at $0.84 per share, beating the $0.77 consensus EPS by about 9 cents. The beat‑and‑raise narrative was reinforced by a 15 % increase in operating income year‑over‑year, underscoring a stronger‑than‑expected demand environment for the company’s logistics and compliance platform.

From a trading perspective, the surprise upside has already begun to price in, with DSGX trading near its $120‑$125 resistance zone and holding above the 50‑day moving average. A breakout above this level on strong volume could trigger a short‑term rally toward the $135‑$140 upside target, especially as the broader tech‑logistics sector remains in a relative strength phase. Conversely, if the stock stalls at the current resistance, a pull‑back toward the 20‑day EMA (~$112) may occur, offering a potential buying opportunity on a dip. Given the earnings beat, elevated forward‑PE multiples, and positive earnings momentum, a bullish bias with disciplined risk—e.g., stop‑loss just below the 20‑day EMA—appears justified for traders looking to capture the upside.