Pumping solutions provider DXP's Q3 sales beat estimates

DXP Enterprises

06/11/2025 13:11

Overview

DXP Q3 sales grow 8.6% yr/yr, beating analyst expectations

Net income for Q3 misses analyst estimates

Company completed three acquisitions in Q3, two more after quarter end

Outlook

Company expects to finish fiscal year 2025 strong with momentum into fiscal year 2026

Result Drivers

ACQUISITIONS - Co completed three acquisitions in Q3 and two more after quarter end, contributing to growth strategy

SEGMENT PERFORMANCE - Service Centers and Innovative Pumping Solutions segments saw significant revenue growth, while Supply Chain Services declined

STRATEGIC EXECUTION - Co attributes results to continued execution of growth strategy and diversification efforts

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$513.72 mln
$499 mln (1 Analyst)
Q3 Net Income
Miss
$21.63 mln
$24 mln (1 Analyst)
Q3 Operating income
Miss
$43.70 mln
$47 mln (1 Analyst)
Q3 Pretax Profit
Miss
$29.45 mln
$32 mln (1 Analyst)
Q3 Gross Profit
$161.26 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 $141.00, about 13.5% above its November 5 closing price of $122.01

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

Press Release: ID:nBw1Pdl1wa

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(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.)