Distribution Solutions Group Inc expected to post earnings of 31 cents a share - Earnings Preview

Distribution Solutions

30/07/2024 20:26

* Distribution Solutions Group Inc  DSGR.OQ   DSGR.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 1 for the period ending June 30 2024
    * The Fort Worth Texas-based  company is expected to report
a
16.0% increase in revenue to $438.367 million from $377.98
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Distribution Solutions
Group
Inc is for earnings of 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
Distribution
Solutions Group Inc is $41.00​, above​ its last closing price
of $33.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.28        0.28       0.25      Missed  -11.8
 Dec. 31 2024  0.14        0.14       0.22      Beat    61
 Sep. 30 2023  0.24        0.24       0.17      Missed  -29.2​
 Jun. 30 2023  0.27        0.27       0.26      Missed  -1.9
 ​​Mar.        0.20        0.20       0.26      Beat    30
 31 2023                                                
 Dec. 31 2022              0.23       0.13      Missed  -44.4​
                                      0.32              
 Jun. 30 2022              0.34       0.18      Missed  -46.3
 This summary was machine generated July 30 at 19:26 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)