DXP Enterprises Q4 Revenue $513.7M Up 8.6%, Forecasts 6% Growth
DXP Enterprises will report quarterly results Wednesday after the bell following a Q3 revenue of $513.7 million, up 8.6% year-on-year, but which missed EPS forecasts. Analysts forecast 6% revenue growth this quarter, down from 15.7% a year ago, while peers Grainger and Transcat beat revenue estimates by 0.7% and 4.1%.
1. Upcoming Earnings Report
DXP Enterprises is scheduled to release Q4 results Wednesday after market close, following a 19.2% share rally over the past month. Investors will focus on revenue growth trends, margin performance and EPS outcomes.
2. Last Quarter Results
In the prior quarter, the company generated $513.7 million in revenue, marking an 8.6% year-on-year increase, yet fell short of earnings per share forecasts. The mixed performance highlighted revenue strength alongside margin pressures.
3. Current Quarter Outlook
Analysts forecast 6% year-on-year revenue growth for Q4, a slowdown from the 15.7% increase recorded in the same period last year. Estimate revisions have remained stable over the past 30 days, indicating steady expectations ahead of results.
4. Peer Comparison and Market Sentiment
Maintenance and repair distributors W.W. Grainger and Transcat recently beat revenue forecasts by 0.7% and 4.1%, driving share gains of 9% and 11.5% respectively. Sector stocks have risen 4.3% on average this month, while DXP Enterprises trades above its $136.50 average analyst price target at $150.86.