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

Agnt

01/05/2024 22:22

* eXp World Holdings Inc  EXPI.OQ  reported a quarterly
adjusted
loss of 10 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 1 cents.  The mean expectation of four analysts for the
quarter was for a loss of 6 cents per share. Wall Street
expected results to range from -8 cents to -3 cents per share.
    * Revenue rose 10.9% to $943.05 million from a year ago;
analysts
expected $893.24 million. 
    * eXp World Holdings Inc's reported EPS for the quarter was
a loss
of 10 cents​.
    * The company reported a quarterly loss of $15.64 million.
    * eXp World Holdings Inc shares had fallen by 3.6% this
quarter and lost 35.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 125%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

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 $11.75 
This summary was machine generated from LSEG data May 1 at 09:21
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
 Mar. 31 2024      -0.06          -0.10          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