Exponent Inc expected to post earnings of 48 cents a share - Earnings Preview

Exponent

23/10/2024 04:53

* Exponent Inc  EXPO.OQ   EXPO.O  is expected to show a fall
in
quarterly revenue when it reports  results on October 24 for the
period ending September 30 2024
    * The Menlo Park California-based  company is expected to
report a
5.7% decrease in revenue to $125.67 million from $133.34 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.The company's guidance on July 25 2024, for
the period ended September 30, was for revenue of $133.336
million.
    * ​LSEG's mean analyst estimate for Exponent Inc is for
earnings
of 48 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
$115.00​, above​ its last closing price of $107.53. ​​​

The company's guidance on July 25 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD133.336 million and
USD36.6674 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  
 Jun. 30 2024  0.50        0.50       0.57      Beat    13.2
 Mar. 31 2024  0.47        0.47       0.59      Beat    26.4
 Dec. 31 2023  0.44        0.44       0.41      Missed  -6.8​
 Jan. 1 0001   0.49        0.49       0.48      Missed  -1.4
 ​​Jun.        0.51        0.51       0.50      Missed  -2
 30 2023                                                
 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. 30 2022  0.41        0.42       0.47      Beat    13.3
 This summary was machine generated October 23 at 03:53 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)