Earnings Volatility Drives These Stocks in a New Direction

DXP Enterprises Inc. (NASDAQ:DXPE) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 12.99% to $0.87 in the quarter versus EPS of $0.77 in the year-earlier quarter. Revenue Rose 14.99% to $290.1 million from the year-earlier quarter.

DXP Enterprises Inc. reported adjusted EPS income of $0.87 per share. By that measure, the company missed the mean analyst estimate of $0.95. It missed the average revenue estimate of $314.27 million.

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DXPE

Quality Distribution Inc. (NASDAQ:QLTY) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased 17.65% to $0.14 in the quarter versus EPS of $0.17 in the year-earlier quarter. Revenue Rose 19.53% to $229.4 million from the year-earlier quarter.

Quality Distribution Inc. reported adjusted EPS income of $0.14 per share. By that measure, the company missed the mean analyst estimate of $0.14. It beat the average revenue estimate of $226.58 million.

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QLTY

KAR Auction Services, Inc. (NYSE:KAR) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share decreased 0% to $0.31 in the quarter versus EPS of $0.31 in the year-earlier quarter. Revenue Rose 10% to $557.6 million from the year-earlier quarter.

KAR Auction Services, Inc. reported adjusted EPS income of $0.31 per share. By that measure, the company missed the mean analyst estimate of $0.32. It beat the average revenue estimate of $541.43 million.

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KAR

Tetra Tech Inc. (NASDAQ:TTEK) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 8.57% to $0.38 in the quarter versus EPS of $0.35 in the year-earlier quarter. Revenue Decreased 16.57% to $520.9 million from the year-earlier quarter.

Tetra Tech Inc. reported adjusted EPS income of $0.38 per share. By that measure, the company missed the mean analyst estimate of $0.40. It missed the average revenue estimate of $532.4 million.

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TTEK

Avis Budget Group, Inc. (NYSE:CAR) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 33.33% to $0.08 in the quarter versus EPS of $0.12 in the year-earlier quarter. Revenue Rose 4.19% to $1.69 billion from the year-earlier quarter.

Avis Budget Group, Inc. reported adjusted EPS income of $0.08 per share. By that measure, the company beat the mean analyst estimate of $0.02. It missed the average revenue estimate of $1.7 billion.

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CAR

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

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