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Wednesday, April 25, 2007 12:17:07 AM
DXPE $45-$44 reports Q1 EPS of $0.65 vs. $0.61 consensus; revs rose 33.8% to $83.6 mln vs. $80.7 mln consensus (44.11 +1.31)
DXP Enterprises Conference Call Summary (44.23 +1.43) -Update : On conf call, co says its end markets look exciting and that it's a seller's market. Co expects to margins to improve in the coming quarters. Co says its innovative pumping solutions grew 58% organically in the qtr. Co says the oil & gas market and mining sectors are very strong. Overall, business is very good. Co is designing the co to take market share from the mom and pop businesses. Co's goal is to grow the top line by 20% or more even during tough times.
DXP Enterprises Conference Call Summary (44.23 +1.43) -Update : On conf call, co says its end markets look exciting and that it's a seller's market. Co expects to margins to improve in the coming quarters. Co says its innovative pumping solutions grew 58% organically in the qtr. Co says the oil & gas market and mining sectors are very strong. Overall, business is very good. Co is designing the co to take market share from the mom and pop businesses. Co's goal is to grow the top line by 20% or more even during tough times.
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