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

XPEL

03/05/2024 22:55

* Xpel Inc  XPEL.OQ  reported quarterly adjusted earnings of
29
cents​​ per share for the quarter ended in March, lower than the
same quarter last year, when the company reported EPS of 41
cents.  The mean expectation of two analysts for the quarter was
for earnings of 31 cents per share. Wall Street expected
results to range from 26 cents to 35 cents per share.
    * Revenue rose 5% to $90.10 million from a year ago;
analysts
expected $94.09 million. 
    * Xpel Inc's reported EPS for the quarter was 24 cents​.
    * The company reported quarterly net income of $6.67
million.
    * Xpel Inc shares had fallen by 39.2% this quarter and
lost 39.0%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 43.5%
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 May 3 at 09:55
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      0.31           0.29           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