eXp World Holdings (EXPI) Expected to Announce Earnings of -$0.06 Per Share

Equities research analysts predict that eXp World Holdings (NASDAQ:EXPI) will announce earnings of ($0.06) per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for eXp World’s earnings. The lowest EPS estimate is ($0.06) and the highest is ($0.05). eXp World reported earnings per share of ($0.15) in the same quarter last year, which suggests a positive year-over-year growth rate of 60%. The business is expected to announce its next quarterly earnings report on Tuesday, November 13th.

On average, analysts expect that eXp World will report full year earnings of ($0.37) per share for the current year, with EPS estimates ranging from ($0.41) to ($0.32). For the next financial year, analysts anticipate that the firm will post earnings of $0.00 per share, with EPS estimates ranging from ($0.16) to $0.11. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for eXp World.

eXp World (NASDAQ:EXPI) last issued its quarterly earnings results on Monday, August 13th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.03. The business had revenue of $130.54 million for the quarter, compared to the consensus estimate of $111.38 million. eXp World had a negative return on equity of 434.65% and a negative net margin of 11.13%.

Several research firms recently issued reports on EXPI. Zacks Investment Research downgraded eXp World from a “buy” rating to a “hold” rating in a research report on Tuesday. Stephens began coverage on eXp World in a research report on Tuesday, July 31st. They issued an “overweight” rating and a $20.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $15.90.

In other eXp World news, Director Richard Stanwood Miller sold 10,000 shares of the company’s stock in a transaction on Thursday, September 20th. The shares were sold at an average price of $19.13, for a total value of $191,300.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Darren Lee Jacklin sold 14,500 shares of the company’s stock in a transaction on Friday, September 28th. The shares were sold at an average price of $18.34, for a total transaction of $265,930.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 131,201 shares of company stock worth $2,157,354. 47.20% of the stock is owned by insiders.

Shares of NASDAQ EXPI traded up $0.04 during mid-day trading on Monday, hitting $12.16. The stock had a trading volume of 230,549 shares, compared to its average volume of 299,732. eXp World has a twelve month low of $4.25 and a twelve month high of $19.72.

About eXp World

eXp World Holdings, Inc provides cloud-based real estate brokerage services for residential real estate market in the United states and Canada. The company facilitates buyers to search real-time property listings and sellers to list their properties through its Website; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers.

See Also: Ex-Dividend

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