NASDAQ$DXPE
DXP Enterprises Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
DXP Enterprises reported second quarter results with strong free cash flow generation and debt reduction.
DXP Enterprises announced financial results for the second quarter ended June 30, 2020. Sales were $251.4 million, and earnings per diluted share was $0.12. The company generated $61.6 million in free cash flow and paid down debt by $15.6 million.
- Sales were $251.4 million compared to $333.3 million for the second quarter of 2019.
- Earnings per diluted share for the second quarter was $0.12 based upon 18.6 million diluted shares.
- Free cash flow for the second quarter was $61.6 million, or 489.5% of EBITDA.
- As of June 30, 2020, DXP had $78.8 million in cash and cash equivalents on the balance sheet.
Headline financials
Revenue & EPS history
DXP · Revenue · Quarterly
$251M
Revenue by segment
DXP · $251M total across 3 segments · Q2 2020
- Service Centers$154M-23.1%61.2%
- Innovative Pumping Solutions$60.5M-25.3%24.1%
- Supply Chain Services$37.1M-29.1%14.8%
Forward guidance
Visibility on the economic outlook remains extremely limited. Specifically, the risk of a second wave of virus cases, the reinstitution of select geographic lockdowns, the upcoming election and the risk of lingering high unemployment create an uncertain economic environment that likely persists through the rest of 2020 based upon what we know today.
Headwinds
- Risk of a second wave of virus cases
- Reinstitution of select geographic lockdowns
- Upcoming election
- Risk of lingering high unemployment
- Uncertain economic environment
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+1.9%
Avg return
Earnings day
+3.6%
Avg return
5 days after
+6.9%
Avg return
30 days after
48%
31 / 65 earnings
Positive
+55.7%
Q2 2016
Best reaction
-38.4%
Q1 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -17.5% | -20.8% | -13.4% | |
| Q4 2025 | -3.4% | -8.8% | -11.3% | |
| Q3 2025 | -17.8% | -19.7% | -21.5% | |
| Q1 2025 | -2.9% | +1.2% | -7.6% | |
| Q4 2024 | +0.3% | +9.2% | -6.4% | |
| Q3 2024 | +22.3% | +41.2% | +47.4% | |
| Q2 2024 | -0.0% | +3.6% | +4.2% | |
| Q1 2024 | -4.7% | -5.7% | -10.5% | |
| Q4 2023 | +29.0% | +27.9% | +59.0% | |
| Q3 2023 | -7.2% | -7.4% | -4.3% | |
| Q2 2023 | -15.3% | -12.2% | -6.4% | |
| Q1 2023 | +17.0% | +26.2% | +51.3% | |
| Q4 2022 | -0.5% | +0.2% | +16.7% | |
| Q3 2022 | -9.0% | -11.3% | -16.4% | |
| Q2 2022 | -16.7% | -16.9% | -22.9% | |
| Q1 2022 | +16.8% | +17.1% | +42.7% | |
| Q4 2021 | -13.3% | -12.7% | -20.1% | |
| Q3 2021 | -2.0% | -4.0% | -5.3% | |
| Q2 2021 | +4.6% | +0.5% | -5.3% | |
| Q1 2021 | +0.2% | +0.5% | +4.9% | |
| Q4 2020 | -3.7% | +0.4% | -9.4% | |
| Q3 2020 | +24.5% | +23.2% | +39.4% | |
| Q2 2020 | -1.1% | +10.4% | +5.5% | |
| Q1 2020 | -1.0% | -16.0% | +72.8% | |
| Q4 2019 | -37.0% | -41.1% | -59.2% | |
| Q3 2019 | +13.7% | +16.4% | +11.9% | |
| Q2 2019 | +8.8% | +4.8% | +6.3% | |
| Q1 2019 | -14.6% | -14.8% | -22.1% | |
| Q4 2018 | +31.0% | +25.5% | +32.3% | |
| Q3 2018 | +22.1% | +14.5% | -0.2% | |
| Q2 2018 | +16.4% | +11.4% | +7.6% | |
| Q1 2018 | -0.2% | -0.1% | +4.5% | |
| Q4 2017 | +23.9% | +21.9% | +17.7% | |
| Q3 2017 | -13.9% | -15.0% | -7.9% | |
| Q2 2017 | -7.0% | -11.5% | -22.1% | |
| Q1 2017 | +27.0% | +17.0% | +9.8% | |
| Q4 2016 | +16.1% | +12.5% | +11.4% | |
| Q3 2016 | +15.3% | +15.6% | +40.5% | |
| Q2 2016 | +55.7% | +58.0% | +56.3% | |
| Q1 2016 | -19.9% | — | — | |
| Q4 2015 | -4.4% | — | — | |
| Q3 2015 | +0.8% | — | — | |
| Q2 2015 | -12.8% | — | — | |
| Q1 2015 | -2.8% | — | — | |
| Q4 2014 | +3.3% | — | — | |
| Q3 2014 | -6.0% | — | — | |
| Q2 2014 | +9.2% | — | — | |
| Q1 2014 | -38.4% | — | — | |
| Q4 2013 | +6.3% | — | — | |
| Q3 2013 | +8.3% | — | — | |
| Q2 2013 | -0.2% | — | — | |
| Q1 2013 | -16.0% | — | — | |
| Q1 2010 | -0.3% | — | — | |
| Q4 2012 | +10.9% | — | — | |
| Q3 2012 | +3.7% | — | — | |
| Q2 2012 | -0.7% | — | — | |
| Q1 2011 | -0.5% | — | — | |
| Q1 2012 | +8.3% | — | — | |
| Q4 2009 | +2.9% | — | — | |
| Q4 2011 | +2.9% | — | — | |
| Q3 2010 | -0.1% | — | — | |
| Q3 2011 | -0.1% | — | — | |
| Q2 2011 | +3.5% | — | — | |
| Q2 2010 | +3.5% | — | — | |
| Q4 2010 | +3.5% | — | — |
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