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 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%.

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