NASDAQ$DXPE

DXP Enterprises Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

DXP Enterprises reported a decrease in sales and earnings per share for the fourth quarter of 2019, while free cash flow generation remained strong.

DXP Enterprises announced fourth-quarter results with sales decreasing by 5.0% to $295.5 million and earnings per diluted share at $0.12. Despite a challenging market environment, the company focused on strategic investments and market share growth, generating $26 million in free cash flow. The company closed two acquisitions and focused on margin expansion, strong returns on capital, and free cash flow generation.

  • Sales decreased 5.0% to $295.5 million compared to Q4 2018.
  • Earnings per diluted share were $0.12, down from $0.60 in Q4 2018.
  • Service Centers' revenue decreased by 5.7% to $182.4 million.
  • Free cash flow generation was $26 million during the quarter.

Headline financials

Total Revenue

$295M

Previous: $311M-5.0%
EPS (adj)

$0.12

Previous: $0.60-80.0%
Adjusted EBITDA

$14M

Previous: $27.3M-48.9%
Capital Expenditures

$7.87M

Previous: $1.62M+386.6%
Free Cash Flow

$26M

Previous: $24.4M+6.4%
Net Income

$2.09M

Previous: $11.1M-81.2%
Operating Income

$6.74M

Previous: $20.4M-67.0%
Gross Profit

$78.3M

Previous: $86.6M-9.5%
Cash & Equivalents

$54.2M

Previous: $40.3M+34.5%
Total Assets

$788M

Previous: $704M+12.0%
Stock-Based Comp

$461K

Previous: $526K-12.4%

Revenue & EPS history

DXP · Revenue · Quarterly

$295M

Q4 2019-5%vs Q4 2018
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

DXP · $295M total across 3 segments · Q4 2019

  • Service Centers
    $182M-5.7%
  • Innovative Pumping Solutions
    $65.7M-10.1%
  • Supply Chain Services
    $47.4M+6.4%

Forward guidance

Fiscal 2020 will be a year where we cannot take anything for granted but focus on executing our strategy and business plan.

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 Q4 2019

Historical avgQ4 2019

+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

Earnings price reactions
QuarterReport dateReaction (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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