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DXP Enterprises Q3 Earnings Top Estimates

“DXP Enterprises (DXPE) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.61 per share” writes Zacks Equity Research for nasdaq.com. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for DXP Enterprises was unfavorable.DXP Enterprises, which belongs to the Zacks Manufacturing – General Industrial industry, posted revenues of $327.18 million for the quarter ended September 2019, missing the Zacks Consensus Estimate by 0.39%.
 
Source: nasdaq.com



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