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

Distribution Solutions Group (NASDAQ:DSGR) is set to post its quarterly earnings results before the market opens on Thursday, May 2nd. Analysts expect Distribution Solutions Group to post earnings of $0.29 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Distribution Solutions Group (NASDAQ:DSGR) last released its quarterly earnings data on Thursday, March 7th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. Distribution Solutions Group had a positive return on equity of 6.31% and a negative net margin of 0.57%. The business had revenue of $405.24 million during the quarter, compared to analyst estimates of $417.00 million. During the same quarter in the previous year, the firm posted $0.13 EPS. 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 Trading Down 1.3 %

NASDAQ:DSGR opened at $33.71 on Thursday. Distribution Solutions Group has a 12-month low of $21.76 and a 12-month high of $36.61. The firm has a market capitalization of $1.60 billion, a P/E ratio of -197.99 and a beta of 0.90. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.72 and a quick ratio of 1.41. The business has a 50 day simple moving average of $33.06 and a 200 day simple moving average of $30.73.

Wall Street Analysts Forecast Growth

Separately, Barrington Research boosted their price target on Distribution Solutions Group from $34.00 to $36.00 and gave the stock 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.