Distribution Solns Gr Q3 Adj EPS $0.17 Misses $0.24 Estimate, Sales $438.91M Miss $451.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Distribution Solns Gr (NASDAQ:DSGR) reported Q3 adjusted earnings of $0.17 per share, missing the analyst consensus estimate of $0.24 by 29.17%. This is a 46.88% decrease from the same period last year. The company also reported quarterly sales of $438.91 million, missing the analyst consensus estimate of $451.70 million by 2.83%. However, this is a 26.43% increase from the same period last year.
November 02, 2023 | 11:32 am
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Distribution Solns Gr's Q3 earnings and sales missed estimates, which could negatively impact the stock price in the short term.
The company's earnings and sales missed analyst estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100