Distribution Solutions Group Full Year 2022 Earnings: EPS Misses Expectations

Distribution Solutions Group (NASDAQ:DSGR) Full Year 2022 Results

Key Financial Results

• Revenue: US$1.15b (up 121% from FY 2021).
• Net income: US$7.41m (up from US$5.05m loss in FY 2021).
• Profit margin: 0.6% (up from net loss in FY 2021).
• EPS: US$0.43 (up from US$0.49 loss in FY 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Distribution Solutions Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 74%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Trade Distributors industry in the US.

Performance of the American Trade Distributors industry.

The company's shares are down 9.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Distribution Solutions Group (1 is a bit unpleasant!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.