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

DXP Enterprises

08/08/2022 14:32

* DXP Enterprises Inc  DXPE.OQ  reported quarterly adjusted
earnings of 74 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 67
cents per share.
    * Revenue rose 28.8% to $367.81 million from a year ago;
analysts
expected $338.00 million. 
    * DXP Enterprises Inc's reported EPS for the quarter was 74
cents​.
    * The mean earnings estimate of analysts had risen by
about 204.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * DXP Enterprises Inc shares had risen by 11.8% this
quarter and
gained 33.3% so far this year.
    * The company reported quarterly net income of $14.41
million.
    * Wall Street's median 12-month price target for DXP
Enterprises
Inc is $40.00 
    * 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." 

This summary was machine generated from Refinitiv data August 8
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.67           0.74           Beat
 Mar. 31 2022      0.06           0.65           Beat
 Dec. 31 2021      0.14           0.05           Missed
 Sep. 30 2021      0.45           0.36           Missed