Distribution Solutions Group (DSGR) to Release Quarterly Earnings on Thursday

Distribution Solutions Group (NASDAQ:DSGR) will be announcing its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.29 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Distribution Solutions Group (NASDAQ:DSGR) last issued its quarterly earnings results on Thursday, March 7th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. The business had revenue of $405.24 million for the quarter, compared to analysts’ expectations of $417.00 million. Distribution Solutions Group had a negative net margin of 0.57% and a positive return on equity of 6.31%. During the same quarter in the prior year, the firm posted $0.13 earnings per share. On average, analysts expect Distribution Solutions Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Distribution Solutions Group Stock Performance

Shares of DSGR opened at $33.71 on Thursday. The company has a current ratio of 2.72, a quick ratio of 1.41 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $1.60 billion, a P/E ratio of -197.99 and a beta of 0.90. The firm’s fifty day simple moving average is $33.06 and its two-hundred day simple moving average is $30.73. Distribution Solutions Group has a 12 month low of $21.76 and a 12 month high of $36.61.

Wall Street Analyst Weigh In

Separately, Barrington Research upped their price target on shares of Distribution Solutions Group from $34.00 to $36.00 and gave the company an “outperform” rating in a research report on Wednesday, March 13th.

Distribution Solutions Group Company Profile

Distribution Solutions Group, Inc, a specialty distribution company, engages in the provision of value-added distribution solutions in North America, Europe, Asia, South America, and the Middle East. The company provides its solutions to the maintenance, repair, and operations (MRO); original equipment manufacturer (OEM); and industrial technology markets.