DXP Enterprises Q3 EPS $0.93 Misses $0.96 Estimate, Sales $419.25M Miss $432.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
DXP Enterprises reported Q3 earnings of $0.93 per share, missing the analyst consensus estimate of $0.96 by 3.12%. The company also reported quarterly sales of $419.25 million, missing the analyst consensus estimate of $432.00 million by 2.95%. However, both earnings and sales have increased compared to the same period last year.
November 08, 2023 | 11:04 pm
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NEGATIVE IMPACT
DXP Enterprises' Q3 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term.
DXP Enterprises reported lower than expected earnings and sales for Q3. This could lead to a negative sentiment among investors, potentially causing a short-term drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100