DXP Enterprises: Q1 Earnings Insights

Shares of DXP Enterprises DXPE remained unaffected at $14.13 after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 22.50% year over year to $0.31, which beat the estimate of $0.20.

Revenue of $300,983,000 less by 3.29% year over year, which beat the estimate of $282,020,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Price Action

52-week high: $43.94

Company's 52-week low was at $10.44

Price action over last quarter: down 18.56%

Company Overview

DXP Enterprises Inc is a distributor of products and services to industrial customers in the United States, Canada, Mexico, and Dubai. The company's reportable segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. It generates maximum revenue from the Service Centers segment. The company offers pumping solutions, supply chain services and maintenance, repair, operating and production services for rotating equipment, bearings and power transmissions, industrial supplies and safety products. DXP Enterprises serves the oil and gas, general manufacturing, chemical, reseller, transportation, fabrication and construction, food and beverage, mining, agriculture, power, and refining industries.

Posted In: EarningsNews