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DXPE — DXP Enterprises News Story

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DXP Enterprises Q2 EPS beat estimates

Overview

DXP Q2 sales rise 11.9% yr/yr to $498.7 mln, meeting analyst expectations

GAAP diluted EPS of $1.43 beats analyst estimates, per LSEG data

Net income for Q2 increases 41.3% yr/yr, beating analyst expectations

Outlook

Company plans to close 3-4 more acquisitions in H2 2025

Result Drivers

ORGANIC GROWTH - Sequential organic sales increased by 12.3%, contributing significantly to overall sales growth

ACQUISITIONS - Recent acquisitions added $24.6 mln in sales during Q2, enhancing revenue

SEGMENT PERFORMANCE - Innovative Pumping Solutions segment saw a 27.5% yr/yr revenue increase, driving overall growth

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 SalesIn-line$498.68 mln$499 mln (1 Analyst)
Q2 EPSBeat$1.43$1.39 (1 Analyst)
Q2 Net IncomeBeat$23.61 mln$23 mln (1 Analyst)
Q2 Operating incomeMiss$45.99 mln$46 mln (1 Analyst)
Q2 Pretax ProfitBeat$31.60 mln$31 mln (1 Analyst)
Q2 Gross Profit$157.81 mln
Analyst Coverage The one available analyst rating on the shares is "strong buy" 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 $95.00, about 20.1% below its August 5 closing price of $114.14 The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 16 three months ago Press Release: ID:nBw3WcFcpa (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.)

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