Exponent Inc reports results for the quarter ended in December - Earnings Summary

Exponent

01/02/2024 22:01

* Exponent Inc  EXPO.OQ  reported quarterly adjusted
earnings of
41 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 44 cents.  The mean expectation of three analysts for the
quarter was for earnings of 44 cents per share. Wall Street
expected results to range from 43 cents to 45 cents per share.
    * Revenue fell 10.6% to $113.87 million from a year ago;
analysts
expected $119.11 million. 
    * Exponent Inc's reported EPS for the quarter was 41 cents​.
    * The company reported quarterly net income of $20.93
million.
    * Exponent Inc shares had risen by 0.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 also "hold"

Wall Street's median 12-month price target for Exponent Inc is
$100.50 
This summary was machine generated from LSEG data February 1 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.44           0.41           Missed
 Sep. 30 2023      0.49           0.48           Missed
 Jun. 30 2023      0.51           0.50           Missed
 Mar. 31 2023      0.56           0.56           Met