DXP Enterprises Q1 sales rise 9.5%, EPS slips

DXP Enterprises

07/05/2026 14:08

Overview

Industrial distributor's Q1 sales rose 9.5% yr/yr to $521.7 mln

Diluted EPS declined to $1.22 from $1.25 a year ago

Company completed three acquisitions during the quarter

Outlook

Company expects to continue fiscal year 2026 with strong momentum

Result Drivers

GROWTH STRATEGY EXECUTION - Co said Q1 results reflected continued execution of its growth strategy and diversification efforts

INNOVATIVE PUMPING SOLUTIONS GROWTH - Segment revenue rose 37.7% yr/yr, outpacing other segments

Company press release: ID:nBw7NSM9ta

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Miss
$521.66 mln
$535 mln (1 Analyst)
Q1 Net Income
Miss
$19.98 mln
$25 mln (1 Analyst)
Q1 Operating income
Miss
$42.47 mln
$51 mln (1 Analyst)
Q1 Gross Profit
$168.61 mln
Q1 Pretax Profit
$26.63 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for DXP Enterprises Inc is $154.00, about 15.2% below its May 6 closing price of $181.51

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 20 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)