DXP Enterprises Reports First Quarter 2019 Results
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DXP Enterprises (DXPE) Reports In-Line Q1 EPS, Revenues Beat
May 7, 2019 8:04 AM EDTDXP Enterprises (NASDAQ: DXPE) reported Q1 EPS of $0.40, in-line with the analyst estimate of $0.40. Revenue for the quarter came in at $311.23 million versus the consensus estimate of $310.59 million.
First Quarter 2019 financial highlights:
Sales increased 8.8 percent to $311.2 million, compared to $285.9 million for the first quarter of 2018.Earnings per diluted share for the first quarter was $0.40 based upon 18.4 million diluted shares, compared to $0.24 per share in the first quarter of 2018.Earnings before interest, taxes, depreciation and amortization (EBITDA) for the first quarter was $21.1 million compared to $17.9... More