DXP Enterprises Inc reports results for the quarter ended in December - Earnings Summary

DXP Enterprises

07/03/2024 16:28

* DXP Enterprises Inc  DXPE.OQ  reported quarterly adjusted
earnings of 95 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 37 cents.  The lone analyst forecast for
the quarter was for a loss of 15 cents per share. 
    * Revenue rose 0.2% to $407.04 million from a year ago;
analysts
expected $411.00 million. 
    * DXP Enterprises Inc's reported EPS for the quarter was 95
cents​.
    * The company reported quarterly net income of $15.98
million.
    * DXP Enterprises Inc shares had risen by 4.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "strong buy"

Wall Street's median 12-month price target for DXP Enterprises
Inc is $55.00 
This summary was machine generated from LSEG data March 7 at
04:28 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.15          0.95           Beat
 Sep. 30 2023      0.96           0.93           Missed
 Jun. 30 2023      1.09           1.06           Missed
 Mar. 31 2023      0.56           0.95           Beat