Industrial distributor DXP Enterprises (NASDAQ:DXPE) will be announcing earnings results tomorrow afternoon. Here’s what investors should know.

DXP beat analysts’ revenue expectations by 2.7% last quarter, reporting revenues of $445.6 million, up 4.1% year on year. It was a stunning quarter for the company, with an impressive beat of analysts’ EBITDA and earnings estimates.

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

This quarter, analysts are expecting DXP’s revenue to grow 5.7% year on year to $443 million, slowing from the 8.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.95 per share.

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. DXP has missed Wall Street’s revenue estimates three times over the last two years.

Looking at DXP’s peers in the maintenance and repair distributors segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Distribution Solutions delivered year-on-year revenue growth of 6.6%, beating analysts’ expectations by 1.2%, and WESCO reported a revenue decline of 2.7%, in line with consensus estimates. Distribution Solutions traded down 10.7% following the results while WESCO was up 5.8%.

Read our full analysis of Distribution Solutions’s results here and WESCO’s results here.

Investors in the maintenance and repair distributors segment have had steady hands going into earnings, with share prices flat over the last month. DXP is down 3.2% during the same time and is heading into earnings with an average analyst price target of $65 (compared to the current share price of $50.35).

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