Earnings Outlook For DXP Enterprises

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On Friday, August 06, DXP Enterprises DXPE will release its latest earnings report. Benzinga's outlook for DXP Enterprises is included in the following report.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see DXP Enterprises reporting earnings of $0.19 per share on sales of $260.00 million. In the same quarter last year, DXP Enterprises announced EPS of $0.12 on revenue of $251.40 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The Wall Street consensus estimate for earnings would represent a 58.33% increase for the company. Sales would be up 3.42% on a year-over-year basis. Here is how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020
EPS Estimate 0.15 -0.18 -0.23 0.17
EPS Actual 0.08 0.19 0.16 0.12
Revenue Estimate 245.00 M 230.00 M 225.00 M 271.69 M
Revenue Actual 245.62 M 232.69 M 220.19 M 251.40 M

eps graph

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of DXP Enterprises were trading at $31.57 as of August 04. Over the last 52-week period, shares are up 68.74%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. DXP Enterprises is scheduled to hold the call at 11:30:00 ET and can be accessed here.

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