DXP Enterprises (DXPE) Set to Announce Quarterly Earnings on Monday
DXP Enterprises (NASDAQ:DXPE) is scheduled to be releasing its Q114 earnings data on Monday, May 12th. Analysts expect DXP Enterprises to post earnings of $1.17 per share and revenue of $378.00 million for the quarter.
DXP Enterprises (NASDAQ:DXPE) last posted its quarterly earnings results on Monday, March 3rd. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.06. The company had revenue of $313.80 million for the quarter, compared to the consensus estimate of $328.81 million. During the same quarter in the previous year, the company posted $0.92 earnings per share. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. On average, analysts expect DXP Enterprises to post $5.21 EPS for the current fiscal year and $6.18 EPS for the next fiscal year.
Shares of DXP Enterprises (NASDAQ:DXPE) opened at 106.94 on Friday. DXP Enterprises has a 52 week low of $57.00 and a 52 week high of $116.88. The stock’s 50-day moving average is $104. and its 200-day moving average is $100.5. The company has a market cap of $1.550 billion and a price-to-earnings ratio of 27.64.
A number of analysts have recently weighed in on DXPE shares. Analysts at Zacks downgraded shares of DXP Enterprises from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 29th. They now have a $116.20 price target on the stock.
DXP Enterprises, Inc (NASDAQ:DXPE) is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and service to industrial customers.
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