Investing.com - DXP Enterprises (NASDAQ:DXPE) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
DXP Enterprises announced earnings per share of $0.75 on revenue of $387.3M. Analysts polled by Investing.com anticipated EPS of $0.69 on revenue of $348M.
DXP Enterprises shares are down 0.45% from the beginning of the year, still down 24.55% from its 52 week high of $35.93 set on November 9, 2021.
DXP Enterprises shares lost 9.95% in intra-day trade following the report.
DXP Enterprises follows other major Industrials sector earnings this month
DXP Enterprises's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Honeywell had beat expectations on October 27 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.
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