Distribution Solns Gr Q2 2024 Adj. EPS $0.40 Beats $0.31 Estimate, Sales $439.536M Beat $438.367M Estimate
Portfolio Pulse from Benzinga Newsdesk
Distribution Solutions Group (NASDAQ:DSGR) reported Q2 2024 adjusted EPS of $0.40, beating the $0.31 estimate by 29.03%. Sales were $439.536M, surpassing the $438.367M estimate and marking a 16.28% increase from the same period last year.
August 01, 2024 | 11:32 am
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Distribution Solutions Group (NASDAQ:DSGR) reported strong Q2 2024 results, with EPS and sales both beating analyst estimates. EPS was $0.40, 29.03% above the $0.31 estimate, and sales were $439.536M, slightly above the $438.367M estimate and up 16.28% YoY.
The strong earnings and sales performance, significantly beating EPS estimates and showing solid YoY growth, are likely to positively impact DSGR's stock price in the short term.
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RELEVANCE 100