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

DXP Enterprises

09/08/2023 01:10

* DXP Enterprises Inc  DXPE.OQ  reported quarterly adjusted
earnings of $1.06​​ per share for the quarter ended in June. The
lone analyst forecast for the quarter was for earnings of $1.09
per share.
    * Revenue rose 16.4% to $428.04 million from a year ago;
analysts
expected $475.00 million. 
    * DXP Enterprises Inc's reported EPS for the quarter was
$1.06​.
    * The mean earnings estimate of analysts had risen by
about 53.5%
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 4.0% this
quarter and
gained 37.5% so far this year.
    * The company reported quarterly net income of $19.03
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 LSEG Refinitiv data
August 9 at 12:10 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.09           1.06           Missed
 Mar. 31 2023      0.56           0.95           Beat
 Dec. 31 2022      0.16           0.37           Beat
 Sep. 30 2022      0.60           0.78           Beat