Overview
Exponent fiscal Q2 rev flat but exceeded its expectations, driven by dispute-related activities
Net income for fiscal Q2 declined to $26.6 mln, with EPS at $0.52
Company anticipates mid-single-digit revenue growth for Q3 2025
Outlook
Exponent expects Q3 revenue growth in mid-single digits
Company anticipates full-year revenue growth in low single digits
Exponent forecasts Q3 EBITDA at 26.75% to 27.75% of revenue
Company sees full-year EBITDA at 26.50% to 27.0% of revenue
Result Drivers
DISPUTE-RELATED ACTIVITIES - Growth driven by dispute-related services in construction, automotive, and medical device sectors
UTILITIES SECTOR - Proactive risk management work in utilities sector offset by softer demand in chemical regulatory work
EARLY-STAGE MOMENTUM - Encouraging momentum in digital health, AI usability, and distributed energy systems
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.52
Q2 Net Income
$26.60 mln
Q2 EBITDA
$37 mln
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy."
Wall Street's median 12-month price target for Exponent Inc is $92.00, about 25.2% above its July 30 closing price of $68.83
The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 40 three months ago
Press Release: ID:nGNX60XLJh
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)