DXP Enterprises Reports Second Quarter 2019 Results

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DXP Enterprises (DXPE) Tops Q2 EPS by 8c, Revenues Beat

August 6, 2019 4:01 PM EDT

DXP Enterprises (NASDAQ: DXPE) reported Q2 EPS of $0.73, $0.08 better than the analyst estimate of $0.65. Revenue for the quarter came in at $333.3 million versus the consensus estimate of $331.07 million.

Second Quarter 2019 financial highlights:

Sales increased 7.1 percent to $333.3 million, compared to $311.2 million for the second quarter of 2018.
Earnings per diluted share for the second quarter was $0.73 based upon 18.4 million diluted shares, compared to $0.63 per share in the second quarter of 2018.
Earnings before interest, taxes, depreciation and amortization (EBITDA) for the second quarter... More