Energy and industrial distributor DistributionNOW (NYSE:DNOW) will be reporting earnings tomorrow before the bell. Here’s what investors should know.

DistributionNOW missed analysts’ revenue expectations by 0.5% last quarter, reporting revenues of $606 million, up 3.1% year on year. It was a slower quarter for the company, with a miss of analysts’ EBITDA and EPS 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 be flat year on year at $552.2 million, slowing from the 1.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.13 per share.

Analysts covering the company have generally 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 Q4 results, giving us a hint as to what we can expect. MSC Industrial’s revenues decreased 2.7% year on year, beating analysts’ expectations by 2.7%, and United Rentals reported revenues up 9.8%, topping estimates by 3.9%. MSC Industrial’s stock price was unchanged after the results, while United Rentals was up 2%.

Read our full analysis of MSC Industrial’s results here and United Rentals’s results here.

Investors in the industrial distributors segment have had steady hands going into earnings, with share prices flat over the last month. DistributionNOW is up 10.7% during the same time and is heading into earnings with an average analyst price target of $15.67 (compared to the current share price of $14.86).

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