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

Agnt

02/11/2023 21:55

* eXp World Holdings Inc  EXPI.OQ  reported quarterly
adjusted
earnings of 1 cent​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of 3 cents.  The mean expectation of
four analysts for the quarter was for earnings of 5 cents per
share. Wall Street expected results to range from 3 cents to 6
cents per share.
    * Revenue fell 2% to $1.21 billion from a year ago; analysts
expected $1.17 billion. 
    * eXp World Holdings Inc's reported EPS for the quarter was
1
cent​.
    * The company reported quarterly net income of $1.35
million.
    * eXp World Holdings Inc shares had fallen by 18.6% this
quarter and gained 19.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 2 "strong buy" or "buy," 1
"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 $27.00 
This summary was machine generated from LSEG data November 2 at
09:55 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      -0.02          -0.05          Missed