DPC (NYSE:DPC) Posts Earnings Results, Misses Expectations By $0.03 EPS

DPC (NYSE:DPC) posted its quarterly earnings results on Tuesday. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03), FiscalAI reports. The firm had revenue of $268.30 million for the quarter.

Here are the key takeaways from DPC’s conference call:

• Record Q2 results: Revenue rose 34% year over year to $269 million and adjusted EBITDA increased 33% to $48 million, both ahead of expectations. Engine Products EBITDA grew 53%, with margins expanding to 23.5%.
• Management initiated 2026 guidance for revenue of $1.0 billion–$1.04 billion and adjusted EBITDA of $182 million–$187 million. Excluding the reported impact of metal-cost pass-through, the company expects an adjusted EBITDA margin of approximately 19%.
• The fourth strategic customer partnership, with an aerospace OEM, supports a new superalloy facility in Alabama. The company says its four partnerships represent more than $200 million of incremental annual revenue at full rate in 2029 and are margin-accretive.
• Strong aerospace and industrial gas turbine demand is driving capacity expansion, supported by aircraft backlogs, aftermarket demand, rising electricity needs, and constrained supply chains. Management expects additional aerospace and IGT capacity to ramp through 2027–2029.
• Cash generation will remain pressured during the investment phase as the company funds elevated capital expenditure, working capital growth, and metal-cost timing effects; CapEx is expected to be higher in 2027 than in 2026. Turbo Wheels also remained weak, with adjusted EBITDA falling to $2 million, largely due to the Ivostud business being marketed for sale.

DPC Stock Performance

NYSE DPC opened at $53.45 on Wednesday. DPC has a 52 week low of $42.50 and a 52 week high of $57.25.

Wall Street Analyst Weigh In

A number of equities analysts have commented on DPC shares. Zacks Research upgraded shares of DPC to a “hold” rating in a research note on Tuesday, July 21st. Rothschild & Co Redburn assumed coverage on DPC in a research report on Monday, July 20th. They set a “buy” rating and a $53.50 price target on the stock. Wall Street Zen upgraded DPC to a “hold” rating in a report on Saturday, July 4th. Jefferies Financial Group initiated coverage on shares of DPC in a report on Monday, July 20th. They set a “buy” rating and a $56.00 target price on the stock. Finally, Morgan Stanley initiated coverage on shares of DPC in a report on Monday, July 20th. They issued an “equal weight” rating and a $47.00 price target for the company. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, DPC currently has an average rating of “Moderate Buy” and a consensus target price of $52.38.

Insider Activity

In other DPC news, CFO David John Egan bought 275,363 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The shares were purchased at an average cost of $33.00 per share, for a total transaction of $9,086,979.00. Following the purchase, the chief financial officer directly owned 294,529 shares in the company, valued at $9,719,457. This represents a 1,436.73% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Dirkson R. Charles purchased 212,121 shares of the stock in a transaction on Friday, June 26th. The stock was acquired at an average cost of $33.00 per share, with a total value of $6,999,993.00. Following the acquisition, the director owned 511,466 shares of the company’s stock, valued at approximately $16,878,378. This represents a 70.86% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have bought 2,297,621 shares of company stock worth $75,821,493.

DPC Company Profile

DPC Holdings is a manufacturer of engineered engine products which include complex precision cast components and nickel- and cobalt-based superalloys primarily serving Aerospace and IGT end markets. DPC Holdings is based in United Kingdom.