Distribution Solns Gr Q1 2024 Adj EPS $0.25 Misses $0.28 Estimate, Sales $416.086M Miss $417.933M Estimate
Portfolio Pulse from Benzinga Newsdesk
Distribution Solns Gr (DSGR) reported Q1 2024 adjusted EPS of $0.25, missing the $0.28 estimate, and sales of $416.086M, slightly below the $417.933M estimate. This represents a 19.47% increase in sales compared to the same period last year.
May 02, 2024 | 11:32 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
DSGR missed Q1 2024 EPS and sales estimates but showed a significant year-over-year sales increase.
Missing both EPS and sales estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. However, the significant year-over-year sales growth may mitigate some negative impacts.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100