Exponent eyes biggest daily gain since 2000 after results, outlook

Exponent

26/04/2024 16:52

** Science and engineering consulting firm Exponent  EXPO.O  up
22.2% to $97.34 after climbing to $102.72, highest level since
March 15, 2023
    ** Co's stock on track for biggest daily pct gain since Feb.
2000 after reporting Q1 EPS and revenue that topped analysts'
estimates, per LSEG data
    ** It also gave revenue guidance for Q2 and FY 2024 and
declared a 28 cents per share quarterly dividend 
    ** Only 3 analysts cover EXPO, with the breakdown of
recommendations at 1 "buy" and 2 "hold" ratings; median price
target of $91 is up from $88.50 a month ago but down from
$100.50 on Jan 26
    ** With move on the session, EXPO shares up ~11% YTD vs 6%
gain in S&P 400 industrials index  .SPMDCI 

 (Reporting by Chuck Mikolajczak)
 ((charles.mikolajczak@tr.com; @ChuckMik;))