Wall Street analysts forecast that eXp World Holdings Inc (NASDAQ:EXPI) will report earnings per share (EPS) of $0.01 for the current fiscal quarter, according to Zacks. Two analysts have made estimates for eXp World’s earnings, with estimates ranging from ($0.01) to $0.03. eXp World posted earnings per share of ($0.03) in the same quarter last year, which indicates a positive year-over-year growth rate of 133.3%. The business is expected to report its next earnings results on Monday, August 12th.
On average, analysts expect that eXp World will report full year earnings of ($0.17) per share for the current fiscal year, with EPS estimates ranging from ($0.19) to ($0.15). For the next financial year, analysts expect that the company will report earnings of $0.02 per share, with EPS estimates ranging from ($0.01) to $0.05. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for eXp World.
eXp World (NASDAQ:EXPI) last released its quarterly earnings data on Thursday, May 9th. The technology company reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.01. eXp World had a negative return on equity of 78.80% and a negative net margin of 3.03%. The firm had revenue of $157.00 million for the quarter, compared to analysts’ expectations of $144.00 million. eXp World’s quarterly revenue was up 153.2% compared to the same quarter last year.
A number of research analysts recently commented on the company. Zacks Investment Research cut eXp World from a “hold” rating to a “sell” rating in a report on Tuesday, February 26th. William Blair reiterated an “outperform” rating on shares of eXp World in a report on Monday, March 18th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $18.67.
In other eXp World news, Director Randall D. Miles sold 31,274 shares of the company’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $11.32, for a total transaction of $354,021.68. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Alan M. Goldman sold 8,333 shares of the company’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $11.03, for a total value of $91,912.99. The disclosure for this sale can be found here. Insiders sold 152,999 shares of company stock worth $1,616,226 over the last quarter. 43.57% of the stock is currently owned by insiders.
A number of large investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp lifted its stake in eXp World by 4.4% during the fourth quarter. Bank of New York Mellon Corp now owns 23,452 shares of the technology company’s stock worth $166,000 after purchasing an additional 993 shares in the last quarter. Sigma Planning Corp lifted its stake in eXp World by 6.2% during the fourth quarter. Sigma Planning Corp now owns 17,115 shares of the technology company’s stock worth $121,000 after purchasing an additional 1,000 shares in the last quarter. Advisor Group Inc. lifted its stake in eXp World by 117.2% during the first quarter. Advisor Group Inc. now owns 3,127 shares of the technology company’s stock worth $33,000 after purchasing an additional 1,687 shares in the last quarter. Swiss National Bank lifted its stake in eXp World by 4.9% during the first quarter. Swiss National Bank now owns 43,100 shares of the technology company’s stock worth $468,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in eXp World by 2.5% during the first quarter. Northern Trust Corp now owns 85,557 shares of the technology company’s stock worth $929,000 after purchasing an additional 2,050 shares in the last quarter. Institutional investors own 5.05% of the company’s stock.
EXPI traded up $0.36 during trading hours on Friday, reaching $11.24. The company’s stock had a trading volume of 200,070 shares, compared to its average volume of 142,077. eXp World has a fifty-two week low of $6.61 and a fifty-two week high of $19.72. The stock has a market capitalization of $630.34 million, a PE ratio of -28.82 and a beta of 4.97. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.86 and a current ratio of 1.86.
eXp World Company Profile
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, exprealty.com; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers.
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