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

Exponent

26/04/2024 24:51

* Exponent Inc  EXPO.OQ  reported quarterly adjusted
earnings of
59 cents​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of 56
cents.  The mean expectation of three analysts for the quarter
was for earnings of 47 cents per share. Wall Street expected
results to range from 46 cents to 48 cents per share.
    * Revenue rose 6.6% to $137.21 million from a year ago;
analysts
expected $125.98 million. 
    * Exponent Inc's reported EPS for the quarter was 59 cents​.
    * The company reported quarterly net income of $30.14
million.
    * Exponent Inc shares had fallen by 2.5% this quarter and
lost 8.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 18.1%
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
$88.50 
This summary was machine generated from LSEG data April 25 at
11:51 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
 Mar. 31 2024      0.47           0.59           Beat
 Dec. 31 2023      0.44           0.41           Missed
 Sep. 30 2023      0.49           0.48           Missed
 Jun. 30 2023      0.51           0.50           Missed