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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100