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

XPEL

23/02/2024 03:01

* Xpel Inc  XPEL.OQ  reported quarterly adjusted earnings of
43
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of 30
cents.  The mean expectation of two analysts for the quarter was
for earnings of 48 cents per share. Wall Street expected
results to range from 45 cents to 51 cents per share.
    * Revenue rose 34.5% to $105.54 million from a year ago;
analysts
expected $96.63 million. 
    * Xpel Inc's reported EPS for the quarter was 43 cents​.
    * The company reported quarterly net income of $11.97
million.
    * Xpel Inc shares had risen by 3.2% 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 "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the auto, truck &
motorcycle parts peer group is also "buy"

Wall Street's median 12-month price target for Xpel Inc is
$67.00 
This summary was machine generated from LSEG data February 23 at
03:01 a.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      0.48           0.43           Missed
 Sep. 30 2023      0.62           0.56           Missed
 Jun. 30 2023      0.57           0.57           Met
 Mar. 31 2023      0.37           0.41           Beat