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

XPEL

08/08/2024 15:09

* Xpel Inc  XPEL.OQ  reported quarterly adjusted earnings of
54
cents​​ per share for the quarter ended in June, lower than the
same quarter last year, when the company reported EPS of 57
cents.  The mean expectation of two analysts for the quarter was
for earnings of 46 cents per share. Wall Street expected
results to range from 44 cents to 48 cents per share.
    * Revenue rose 7.5% to $109.92 million from a year ago;
analysts
expected $105.68 million. 
    * Xpel Inc's reported EPS for the quarter was 54 cents​.
    * The company reported quarterly net income of $15.03
million.
    * Xpel Inc shares had fallen by 10.7% this quarter and
lost 41.0%
so far this year.

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 no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the auto, truck &
motorcycle parts peer group is also "hold"

Wall Street's median 12-month price target for Xpel Inc is
$38.50 
This summary was machine generated from LSEG data August 8 at
02:09 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      0.46           0.54           Beat
 Mar. 31 2024      0.31           0.29           Missed
 Dec. 31 2023      0.48           0.43           Missed
 Sep. 30 2023      0.62           0.56           Missed