Distribution Solns Gr Q4 Adj. EPS $0.22 Beats $0.14 Estimate, Sales $405.24M Miss $419.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Distribution Solns Gr (DSGR) Q4 results: Adjusted EPS of $0.22 beats the $0.14 estimate, a 69.23% increase YOY. Sales of $405.24M, missing the $419.00M estimate, yet a 23.23% increase YOY.
March 07, 2024 | 12:35 pm
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POSITIVE IMPACT
DSGR reported a strong Q4 with adjusted EPS of $0.22, surpassing estimates by 57.14%, and a 69.23% increase YOY. However, sales of $405.24M missed estimates by 3.28%, despite a 23.23% YOY increase.
The significant beat on the EPS estimate and the substantial year-over-year growth in both earnings and sales suggest a strong financial performance, likely leading to a positive short-term impact on DSGR's stock price. The slight miss on sales estimates may temper some of the positive momentum, but the earnings beat and growth rates are likely to be the focal points for investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100