Distribution Solutions Group Inc reports results for the quarter ended in June - Earnings Summary

Distribution Solutions

03/08/2023 14:34

* Distribution Solutions Group Inc  DSGR.OQ  reported
quarterly
adjusted earnings of 52 cents​​ per share for the quarter ended
in June. The mean expectation of two analysts for the quarter
was for earnings of 53 cents per share.
    * Revenue rose 17.6% to $377.98 million from a year ago;
analysts
expected $362.90 million. 
    * Distribution Solutions Group Inc's reported EPS for the
quarter
was 14 cents​.
    * The mean earnings estimate of analysts had risen by
about 6% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Distribution Solutions Group Inc shares had risen by 4.0%
this
quarter and gained 46.8% so far this year.
    * The company reported quarterly net income of $3.02
million.
    * Wall Street's median 12-month price target for
Distribution
Solutions Group Inc is $61.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.53           0.52           Missed
 Mar. 31 2023      0.40           0.52           Beat
 Dec. 31 2022      0.45           0.25           Missed
                                  0.64