Exponent Inc expected to post earnings of 44 cents a share - Earnings Preview

Exponent

30/01/2024 21:48

* Exponent Inc  EXPO.OQ   EXPO.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 1 for the
period ending December 31 2023
    * The Menlo Park California-based  company is expected to
report a
6.5% decrease in revenue to $119.107 million from $127.36
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on October
26 2023, for the period ended December 31, was for revenue
between $132.45 million and $135.00 million. (Revenue is on Net
Revenue basis.)
    * ​LSEG's mean analyst estimate for Exponent Inc is for
earnings
of 44 cents per share. 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Exponent
Inc is
$100.50​, above​ its last closing price of $90.53. ​​​

The company's guidance on October 26 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD132.4492 million and
USD36.449 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.49        0.49       0.48      Missed  -1.4
 Jun. 30 2023  0.51        0.51       0.50      Missed  -2
 Mar. 31 2023  0.56        0.56       0.56      Met     0.9​
 Dec. 31 2022  0.39        0.40       0.44      Beat    11.4
 ​​Sep.        0.41        0.42       0.47      Beat    13.3
 30 2022                                                
 Jun. 30 2022  0.45        0.45       0.49      Beat    10.1​
 Mar. 31 2022  0.52        0.52       0.56      Beat    8.7
 Dec. 31 2021  0.36        0.36       0.38      Beat    7
 This summary was machine generated January 30 at 21:48 GMT.  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)