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

Exponent

25/07/2024 22:23

* Exponent Inc  EXPO.OQ  reported quarterly adjusted
earnings of
57 cents​​ per share for the quarter ended in June, higher than
the same quarter last year, when the company reported EPS of 50
cents.  The mean expectation of three analysts for the quarter
was for earnings of 50 cents per share. Wall Street expected
results to range from 50 cents to 51 cents per share.
    * Revenue fell 5.6% to $132.43 million from a year ago;
analysts
expected $130.83 million. 
    * Exponent Inc's reported EPS for the quarter was 57 cents​.
    * The company reported quarterly net income of $29.23
million.
    * Exponent Inc shares had risen by 10.6% this quarter and
gained 19.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 7.9%
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
$94.00 
This summary was machine generated from LSEG data July 25 at
09:22 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
 Jun. 30 2024      0.50           0.57           Beat
 Mar. 31 2024      0.47           0.59           Beat
 Dec. 31 2023      0.44           0.41           Missed
 Sep. 30 2023      0.49           0.48           Missed