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

Distribution Solutions

04/05/2023 14:32

* Distribution Solutions Group Inc  DSGR.OQ  reported
quarterly
adjusted earnings of 52 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 40 cents per share.
    * Revenue rose 195.5% to $348.27 million from a year ago;
analysts
expected $336.55 million. 
    * Distribution Solutions Group Inc's reported EPS for the
quarter
was 28 cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Distribution Solutions Group Inc shares had fallen by 1.0%
this
quarter and gained 22.1% so far this year.
    * The company reported quarterly net income of $5.91
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 May
4 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.40           0.52           Beat
 Dec. 31 2022      0.45           0.25           Missed
                                  0.64           
 Jun. 30 2022      0.67           0.36           Missed