DXP Enterprises IncDXP missed Q1 revenue estimates by 1.9% and its stock fell 8.3% since results.
The nine maintenance and repair distributors tracked by StockStory reported first-quarter revenues that beat analysts' consensus estimates by 1.3%. W.W. Grainger posted revenue of $4.74 billion, up 10.1% year on year and exceeding expectations by 3.6%, while VSE Corporation delivered the fastest revenue growth among its peers at 26.8% to $324.6 million, beating estimates by 4.7%. DXP was the weakest performer, with revenue of $521.7 million missing estimates by 1.9% and its stock falling 8.3% since the results. WESCO reported revenue of $6.08 billion, up 13.8% and topping estimates by 3.7%, and Distribution Solutions posted revenue of $496 million, up 3.8% and beating estimates by 1.4%. Share prices of the group have been resilient, rising 7.9% on average since the latest earnings results.
DXP Enterprises IncDXP missed Q1 revenue estimates by 1.9% and its stock fell 8.3% since results.
Distribution Solutions Group IncDistribution Solutions beat Q1 revenue estimates by 1.4%.
WW Grainger IncW.W. Grainger beat Q1 revenue estimates by 3.6% with 10.1% YoY growth.
VSE CorporationVSE delivered fastest revenue growth at 26.8% and beat estimates by 4.7%.
WESCO International IncWESCO beat Q1 revenue estimates by 3.7% with 13.8% YoY growth.