Analysts Expect eXp World Holdings Inc (EXPI) to Announce -$0.10 Earnings Per Share

Wall Street analysts expect eXp World Holdings Inc (NASDAQ:EXPI) to post earnings of ($0.10) per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for eXp World’s earnings. The lowest EPS estimate is ($0.12) and the highest is ($0.07). The firm is scheduled to announce its next earnings results on Tuesday, February 12th.

According to Zacks, analysts expect that eXp World will report full-year earnings of ($0.40) per share for the current fiscal year, with EPS estimates ranging from ($0.42) to ($0.37). For the next fiscal year, analysts expect that the company will post earnings of ($0.11) per share, with EPS estimates ranging from ($0.17) to ($0.04). Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow eXp World.

eXp World (NASDAQ:EXPI) last issued its quarterly earnings results on Tuesday, November 13th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.03). eXp World had a negative net margin of 7.29% and a negative return on equity of 238.59%. The firm had revenue of $157.20 million for the quarter, compared to analyst estimates of $134.56 million. The firm’s revenue was up 231.6% compared to the same quarter last year.

Several equities analysts have weighed in on EXPI shares. DA Davidson cut their target price on eXp World to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, November 14th. Zacks Investment Research lowered eXp World from a “buy” rating to a “hold” rating in a research note on Tuesday, October 16th. Finally, ValuEngine lowered eXp World from a “buy” rating to a “hold” rating in a research note on Monday, January 7th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $18.67.

In related news, Director Randall D. Miles sold 10,000 shares of the stock in a transaction dated Tuesday, November 6th. The stock was sold at an average price of $12.33, for a total transaction of $123,300.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard Stanwood Miller sold 3,077 shares of the stock in a transaction dated Tuesday, November 13th. The stock was sold at an average price of $12.53, for a total value of $38,554.81. The disclosure for this sale can be found here. 47.20% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in EXPI. Eaton Vance Management bought a new stake in eXp World in the 3rd quarter valued at about $2,292,000. Russell Investments Group Ltd. bought a new stake in eXp World in the 3rd quarter valued at about $663,000. Valeo Financial Advisors LLC bought a new stake in eXp World in the 3rd quarter valued at about $915,000. Northpointe Capital LLC bought a new stake in eXp World in the 3rd quarter valued at about $2,055,000. Finally, GSA Capital Partners LLP bought a new stake in eXp World in the 3rd quarter valued at about $358,000. 4.53% of the stock is owned by institutional investors.

Shares of EXPI traded down $0.27 during trading hours on Thursday, hitting $10.18. 104,325 shares of the stock traded hands, compared to its average volume of 301,487. eXp World has a 1-year low of $6.61 and a 1-year high of $19.72.

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; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers.

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

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