Get intelligentvalue.com

Own it today or select a payment plan

Secured by Stripe

Premium Domain Name

intelligentvalue.com

intelligentvalue.com logo

is available for purchase

51 views
Visitors fromUSUS 54%·AUAU 32%·ININ 7%·GBGB 2%·FRFR 2%

Unlock the potential of 'intelligentvalue.com', a premium domain that embodies sophistication and expertise in investment advisory and financial consulting. Perfect for businesses in artificial intelligence solutions, market research, and strategic planning, this memorable domain conveys a strong branding message that resonates with clients seeking innovative and data-driven insights. Elevate your presence in the competitive landscape with a digital identity that signifies intelligence, value, and forward-thinking solutions.

Safe & Secure

Protected transactions with Stripe

Fast Transfer

Domain transferred within 24 hours

Flexible Payments

Interest-free payment plans available

VisaMastercardAmerican ExpressDiscoverDiners ClubJCBApple PayGoogle Pay

DistributionNOW (DNOW) Q2 Earnings: What To Expect

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

DNOW Cover Image

Energy and industrial distributor DistributionNOW (NYSE: DNOW) will be announcing earnings results this Wednesday before market hours. Here’s what to look for.

DistributionNOW beat analysts’ revenue expectations by 1.9% last quarter, reporting revenues of $599 million, up 6.4% year on year. It was a stunning quarter for the company, with a solid beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

Is DistributionNOW a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting DistributionNOW’s revenue to decline 3.3% year on year to $611.9 million, a reversal from the 6.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.21 per share.

DistributionNOW Total Revenue

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. DistributionNOW has missed Wall Street’s revenue estimates four times over the last two years.

Looking at DistributionNOW’s peers in the industrial distributors segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Watsco’s revenues decreased 3.6% year on year, missing analysts’ expectations by 7.2%, and FTAI Aviation reported revenues up 52.4%, topping estimates by 5.8%. Watsco traded down 2.7% following the results while FTAI Aviation was up 26.5%.

Read our full analysis of Watsco’s results here and FTAI Aviation’s results here.

Investors in the industrial distributors segment have had steady hands going into earnings, with share prices up 1.4% on average over the last month. DistributionNOW is up 8.9% during the same time and is heading into earnings with an average analyst price target of $17 (compared to the current share price of $14.88).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  245.22
-0.81 (-0.33%)
AAPL  301.54
-5.80 (-1.89%)
AMD  490.33
+23.95 (5.14%)
BAC  53.63
-0.20 (-0.37%)
GOOG  361.17
-4.59 (-1.25%)
META  585.39
-7.61 (-1.28%)
MSFT  411.74
-4.93 (-1.18%)
NVDA  208.64
+3.54 (1.73%)
ORCL  211.82
-1.86 (-0.87%)
TSLA  408.95
+17.95 (4.59%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.