Overview

* DXP Q2 sales rise 11.9% yr/yr to $498.7 mln, meeting analyst expectations

* GAAP diluted EPS of $1.43 beats analyst estimates, per LSEG data

* Net income for Q2 increases 41.3% yr/yr, beating analyst expectations

Outlook

* Company plans to close 3-4 more acquisitions in H2 2025

Result Drivers

* ORGANIC GROWTH - Sequential organic sales increased by 12.3%, contributing significantly to overall sales growth

* ACQUISITIONS - Recent acquisitions added $24.6 mln in sales during Q2, enhancing revenue

* SEGMENT PERFORMANCE - Innovative Pumping Solutions segment saw a 27.5% yr/yr revenue increase, driving overall growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales In-line $498.68 $499 mln

mln (1

Analyst)

Q2 EPS Beat $1.43 $1.39 (1

Analyst)

Q2 Net Beat $23.61 $23 mln

Income mln (1

Analyst)

Q2 Miss $45.99 $46 mln

Operatin mln (1

g income Analyst)

Q2 Beat $31.60 $31 mln

Pretax mln (1

Profit Analyst)

Q2 Gross $157.81

Profit mln

Analyst Coverage

* The one available analyst rating on the shares is "strong buy"

* The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

* Wall Street's median 12-month price target for DXP Enterprises Inc ( DXPE ) is $95.00, about 20.1% below its August 5 closing price of $114.14

* The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)