DXP Enterprises Q1 EPS Falling 34% to $0.91 on $498M Revenue
DXP Enterprises shares slipped 1.04% despite a 20.56% monthly gain that outpaced the industrial products sector’s 9.04% rise. Analysts forecast Q1 EPS of $0.91, down 34%, on revenue of $498.3 million (+5.8%), while full-year EPS is seen climbing 11.5% to $5.03.
1. Recent Share Performance
DXP Enterprises shares slipped 1.04% while the S&P 500 rose 0.56%, the Dow gained 0.26% and the Nasdaq added 0.78%. Over the past month, shares have climbed 20.56%, outpacing the industrial products sector’s 9.04% gain but trailing the broader market.
2. Q1 Financial Forecast
Analysts forecast Q1 EPS of $0.91, a 34% decline from the prior year, alongside revenue of $498.3 million, up 5.8% year-over-year, reflecting mixed demand in industrial services.
3. Full-Year Outlook and Valuation
Full-year EPS is projected at $5.03, up 11.5%, with revenue reaching $1.99 billion, a 10.3% increase. The stock trades at a forward P/E of 28.16, above the industry’s 26.43 average.
4. Analyst Rating and Industry Position
The consensus analyst view is hold, while the manufacturing-general industrial industry ranks in the top 27% of more than 250 industries, indicating relative sector strength.