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Distribution Solutions Group Q3 2024 Earnings Report

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$35.85 -0.21 (-0.58%)
(As of 12/20/2024 05:16 PM ET)

Distribution Solutions Group EPS Results

Actual EPS
$0.37
Consensus EPS
$0.40
Beat/Miss
Missed by -$0.03
One Year Ago EPS
$0.17

Distribution Solutions Group Revenue Results

Actual Revenue
$468.02 million
Expected Revenue
$469.80 million
Beat/Miss
Missed by -$1.78 million
YoY Revenue Growth
N/A

Distribution Solutions Group Announcement Details

Quarter
Q3 2024
Time
Before Market Opens
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Distribution Solutions Group Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
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About Distribution Solutions Group

Distribution Solutions Group (NASDAQ:DSGR), 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. It operates through three segments: Lawson, Gexpro Services, and TestEquity. The Lawson segment distributes of specialty products and services to the industrial, commercial, institutional, and government MRO market. The TestEquity segment distributes test and measurement equipment and solutions, industrial and electronic production supplies, and vendor managed inventory programs, as well as converting, fabrication, and adhesive solutions under the TestEquity, Hisco, TEquipment, Techni-Tool, Jensen Tools, and Instrumex brands. The Gexpro Services segment provides supply chain management solutions that offer VMI, kitting, global logistics management, manufacturing localization and import expertise, value engineering, and quality assurance. The company was formerly known as Lawson Products, Inc. and has changed to Distribution Solutions Group, Inc. 2022 Distribution Solutions Group, Inc. was incorporated in 1952 and is headquartered in Fort Worth, Texas.

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