Recap: DXP Enterprises Q3 Earnings

Shares of DXP Enterprises DXPE were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share fell 77.46% year over year to $0.16, which may not compare to the estimate of ($0.23).

Revenue of $220,193,000 declined by 32.70% from the same period last year, which missed the estimate of $225,000,000.

Guidance

DXP Enterprises hasn't issued any earnings guidance for the time being.

DXP Enterprises hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Nov 06, 2020

Time: 11:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Fir.dxpe.com%2F&eventid=2633239&sessionid=1&key=643D7FD2F12D6AB1D49A590C53A8E644&regTag=&sourcepage=register

Price Action

52-week high: $43.94

Company's 52-week low was at $10.44

Price action over last quarter: down 8.17%

Company Description

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.