0816 ET - Descartes Systems has been spending on acquisitive growth, and it should pay off in the near future. RBC's Paul Treiber says that 2Q may slightly exceed his and consensus estimates, as it has in the last several quarters thanks to healthy organic growth and margins. He forecasts constant currency organic growth of 9% in 2Q, sequentially flat, on upselling, market share gains, ecommerce momentum, among other benefits. At the same time, the company's capital deployed on acquisitions should also help drive growth over the next year, according to Treiber. "We expect consensus estimates to increase following the quarter, due to contribution from $250MM worth of acquisitions currently not in consensus," he says.