eXp World Holdings Inc reports results for the quarter ended in December - Earnings Summary

Agnt

23/02/2024 03:09

* eXp World Holdings Inc  EXPI.OQ  reported a quarterly
adjusted
loss of 14 cents​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of -5 cents.  The mean expectation of four analysts for the
quarter was for a loss of 4 cents per share. Wall Street
expected results to range from -8 cents to -2 cents per share.
    * Revenue rose 5.3% to $983.05 million from a year ago;
analysts
expected $958.69 million. 
    * eXp World Holdings Inc's reported EPS for the quarter was
a loss
of 14 cents​.
    * The company reported a quarterly loss of $21.2 million.
    * eXp World Holdings Inc shares had fallen by 28.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the real estate
services peer group is also "hold"

Wall Street's median 12-month price target for eXp World
Holdings Inc is $15.00 
This summary was machine generated from LSEG data February 23 at
03:09 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.04          -0.14          Missed
 Sep. 30 2023      0.05           0.01           Missed
 Jun. 30 2023      0.07           0.06           Missed
 Mar. 31 2023      -0.07          0.01           Beat