DXP Enterprises Inc reports results for the quarter ended in September 30 - Earnings Summary

DXP Enterprises

05/11/2024 07:58

* DXP Enterprises Inc  DXPE.OQ  reported quarterly adjusted
earnings of $1.27​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 93 cents.  The lone analyst forecast for the
quarter was for earnings of 95 cents per share. 
    * Revenue rose 12.8% to $472.94 million from a year ago;
analysts
expected $443.00 million. 
    * DXP Enterprises Inc's reported EPS for the quarter was
$1.27​.
    * The company reported quarterly net income of $21.08
million.
    * DXP Enterprises Inc shares had fallen by 4.6% this
quarter and
gained 51.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10.5%
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 65.00 
This summary was machine generated from LSEG data November 5 at
07:57 a.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
 Sep. 30 2024      0.95           1.27           Beat
 Jun. 30 2024      0.80           1.00           Beat
 Mar. 31 2024      0.71           0.67           Missed
 Dec. 31 2023      -0.15          0.95           Beat