DXP Enterprises Q2 2024 Adj EPS $1.02 Beats $0.80 Estimate, Sales $445.60M Beat $434.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
DXP Enterprises (NASDAQ:DXPE) reported Q2 2024 adjusted EPS of $1.02, beating the $0.80 estimate by 27.5%. Sales were $445.60M, surpassing the $434.00M estimate by 2.67% and marking a 4.10% increase from the same period last year.
August 08, 2024 | 7:34 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
DXP Enterprises reported strong Q2 2024 earnings, with EPS of $1.02 beating estimates by 27.5% and sales of $445.60M exceeding expectations by 2.67%. This performance also represents a 4.10% increase in sales year-over-year.
The significant beat on both EPS and sales estimates, along with year-over-year growth, is likely to positively impact DXPE's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100