Brokerages expect eXp World Holdings Inc (NASDAQ:EXPI) to report earnings of ($0.07) per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for eXp World’s earnings, with estimates ranging from ($0.09) to ($0.05). eXp World reported earnings per share of ($0.08) during the same quarter last year, which would indicate a positive year over year growth rate of 12.5%. The firm is expected to issue its next earnings results on Tuesday, November 12th.
On average, analysts expect that eXp World will report full year earnings of ($0.27) per share for the current fiscal year, with EPS estimates ranging from ($0.34) to ($0.19). For the next fiscal year, analysts anticipate that the business will report earnings of ($0.08) per share, with EPS estimates ranging from ($0.20) to $0.05. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that that provide coverage for eXp World.
eXp World (NASDAQ:EXPI) last released its quarterly earnings data on Thursday, August 8th. The technology company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.05). The business had revenue of $266.70 million during the quarter, compared to analysts’ expectations of $259.75 million. eXp World had a negative return on equity of 58.33% and a negative net margin of 2.50%. eXp World’s quarterly revenue was up 104.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.03) earnings per share.
In other news, Director Randall D. Miles sold 15,000 shares of the company’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $10.11, for a total transaction of $151,650.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard Stanwood Miller sold 26,005 shares of the company’s stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $12.51, for a total transaction of $325,322.55. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 257,671 shares of company stock worth $2,799,599. 43.57% of the stock is owned by insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. acquired a new position in shares of eXp World during the 2nd quarter valued at about $47,000. Strs Ohio acquired a new position in shares of eXp World during the 2nd quarter valued at about $47,000. UBS Asset Management Americas Inc. acquired a new position in shares of eXp World during the 2nd quarter valued at about $162,000. Bank of New York Mellon Corp increased its stake in shares of eXp World by 4.4% during the 4th quarter. Bank of New York Mellon Corp now owns 23,452 shares of the technology company’s stock valued at $166,000 after acquiring an additional 993 shares during the last quarter. Finally, Jane Street Group LLC increased its stake in shares of eXp World by 10.2% during the 4th quarter. Jane Street Group LLC now owns 25,701 shares of the technology company’s stock valued at $182,000 after acquiring an additional 2,384 shares during the last quarter. 6.03% of the stock is owned by institutional investors.
NASDAQ:EXPI traded up $0.34 on Friday, reaching $9.34. The stock had a trading volume of 166,800 shares, compared to its average volume of 165,782. The company has a market cap of $562.73 million, a price-to-earnings ratio of -23.95 and a beta of 4.30. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.56 and a quick ratio of 1.65. The firm’s fifty day moving average is $10.41 and its two-hundred day moving average is $10.61. eXp World has a 12-month low of $6.61 and a 12-month high of $19.72.
eXp World Company Profile
eXp World Holdings, Inc provides cloud-based real estate brokerage services for residential real estate market in the United States and Canada. The company facilitates buyers to search real-time property listings and sellers to list their properties through its Website, exprealty.com; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers.
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