eXp World Holdings Inc (OTCMKTS:EXPI) Forecasted to Earn FY2017 Earnings of ($0.59) Per Share

eXp World Holdings Inc (OTCMKTS:EXPI) – Investment analysts at William Blair reduced their FY2017 EPS estimates for shares of eXp World in a research report issued to clients and investors on Tuesday, Zacks Investment Research reports. William Blair analyst B. Dobell now anticipates that the technology company will post earnings per share of ($0.59) for the year, down from their previous estimate of ($0.03). William Blair also issued estimates for eXp World’s Q4 2017 earnings at ($0.50) EPS, Q1 2018 earnings at ($0.02) EPS, Q2 2018 earnings at $0.00 EPS, Q3 2018 earnings at $0.01 EPS, Q4 2018 earnings at $0.00 EPS and FY2018 earnings at ($0.01) EPS.

eXp World (OTCMKTS:EXPI) last released its earnings results on Tuesday, November 14th. The technology company reported ($0.15) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.11). The company had revenue of $48.11 million during the quarter, compared to analyst estimates of $48.01 million. eXp World had a negative net margin of 7.33% and a negative return on equity of 272.55%.

A number of other research analysts have also weighed in on EXPI. Fundamental Research reaffirmed a “top pick” rating and set a $7.43 price objective on shares of eXp World in a report on Wednesday, August 23rd. ValuEngine raised eXp World from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st. Finally, Zacks Investment Research lowered eXp World from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th.

Shares of eXp World (OTCMKTS EXPI) traded up $0.29 during mid-day trading on Friday, reaching $7.99. The company had a trading volume of 54,177 shares, compared to its average volume of 50,264. eXp World has a 52-week low of $2.52 and a 52-week high of $8.20.

TRADEMARK VIOLATION WARNING: This report was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of United States and international copyright & trademark law. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2017/12/04/research-analysts-issue-forecasts-for-exp-world-holdings-inc-s-fy2017-earnings-expi.html.

eXp World Company Profile

eXp World Holdings, Inc, formerly eXp Realty International Corporation, is a cloud-based real estate company. The Company’s segments include Real Estate Brokerage Services, Mortgage Origination Services, and Corporate and Other. It operates over the Internet through its Website, http://exprealty.com and a cloud-based platform to provide its residential real estate brokerage services.

Get a free copy of the Zacks research report on eXp World (EXPI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for eXp World (OTCMKTS:EXPI)

Receive News & Ratings for eXp World Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eXp World Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply