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

Agnt

31/07/2024 22:02

* eXp World Holdings Inc  EXPI.OQ  reported quarterly
adjusted
earnings of 8 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 6 cents.  The mean expectation of four analysts
for the quarter was for earnings of 8 cents per share. Wall
Street expected results to range from 6 cents to 10 cents per
share.
    * Revenue rose 5.1% to $1.30 billion from a year ago;
analysts
expected $1.30 billion. 
    * eXp World Holdings Inc's reported EPS for the quarter was
8
cents​.
    * The company reported quarterly net income of $12.38
million.
    * eXp World Holdings Inc shares had risen by 25.8% this
quarter and lost 8.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.3%
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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the real estate
services peer group is  "hold."

Wall Street's median 12-month price target for eXp World
Holdings Inc is $12.38 
This summary was machine generated from LSEG data July 31 at
09:02 p.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
 Jun. 30 2024      0.08           0.08           Met
 Mar. 31 2024      -0.06          -0.02          Beat
 Dec. 31 2023      -0.04          -0.14          Missed
 Sep. 30 2023      0.05           0.01           Missed