Overview

* DXP Q3 sales grow 8.6% yr/yr, beating analyst expectations

* Net income for Q3 misses analyst estimates

* Company completed three acquisitions in Q3, two more after quarter end

Outlook

* Company expects to finish fiscal year 2025 strong with momentum into fiscal year 2026

Result Drivers

* ACQUISITIONS - Co completed three acquisitions in Q3 and two more after quarter end, contributing to growth strategy

* SEGMENT PERFORMANCE - Service Centers and Innovative Pumping Solutions segments saw significant revenue growth, while Supply Chain Services declined

* STRATEGIC EXECUTION - Co attributes results to continued execution of growth strategy and diversification efforts

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat $513.72 $499 mln

mln (1

Analyst)

Q3 Net Miss $21.63 $24 mln

Income mln (1

Analyst)

Q3 Miss $43.70 $47 mln

Operatin mln (1

g income Analyst)

Q3 Miss $29.45 $32 mln

Pretax mln (1

Profit Analyst)

Q3 Gross $161.26

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* 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 $141.00, about 13.5% above its November 5 closing price of $122.01

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

Press Release:

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(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.)