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

DXP Enterprises

12/05/2023 02:37

* DXP Enterprises Inc  DXPE.OQ  reported quarterly adjusted
earnings of 95 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 56
cents per share.
    * Revenue rose 32.8% to $424.27 million from a year ago;
analysts
expected $369.00 million. 
    * DXP Enterprises Inc's reported EPS for the quarter was 95
cents​.
    * The mean earnings estimate of analysts had risen by
about 16.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * DXP Enterprises Inc shares had fallen by 12.3% this
quarter and
lost 14.3% so far this year.
    * The company reported quarterly net income of $17.56
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 May
12 at 01:37 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.67           0.74           Beat