$0.01 Earnings Per Share Expected for eXp World Holdings Inc (EXPI) This Quarter

Equities research analysts expect eXp World Holdings Inc (NASDAQ:EXPI) to post $0.01 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for eXp World’s earnings, with estimates ranging from ($0.01) to $0.03. eXp World reported earnings per share of ($0.03) in the same quarter last year, which would indicate a positive year-over-year growth rate of 133.3%. The firm is expected to report its next quarterly earnings results on Monday, August 12th.

On average, analysts expect that eXp World will report full year earnings of ($0.17) per share for the current year, with EPS estimates ranging from ($0.19) to ($0.15). For the next financial year, analysts anticipate that the company will post earnings of $0.02 per share, with EPS estimates ranging from ($0.01) to $0.05. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow eXp World.

eXp World (NASDAQ:EXPI) last posted its earnings results on Thursday, May 9th. The technology company reported ($0.10) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.11) by $0.01. The firm had revenue of $157.00 million during the quarter, compared to the consensus estimate of $144.00 million. eXp World had a negative net margin of 3.03% and a negative return on equity of 72.09%. eXp World’s revenue for the quarter was up 153.2% compared to the same quarter last year.

A number of brokerages have recently commented on EXPI. Zacks Investment Research upgraded shares of eXp World from a “sell” rating to a “hold” rating in a report on Tuesday, May 28th. William Blair reiterated an “outperform” rating on shares of eXp World in a report on Monday, March 18th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $18.67.

In other news, Director Richard Stanwood Miller sold 26,005 shares of eXp World 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Alan M. Goldman sold 8,333 shares of eXp World stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $10.36, for a total transaction of $86,329.88. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 377,546 shares of company stock valued at $4,157,092. Insiders own 43.57% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Advisor Group Inc. boosted its position in shares of eXp World by 117.2% in the first quarter. Advisor Group Inc. now owns 3,127 shares of the technology company’s stock worth $33,000 after acquiring an additional 1,687 shares during the last quarter. Great West Life Assurance Co. Can acquired a new stake in shares of eXp World in the fourth quarter worth approximately $36,000. D.A. Davidson & CO. boosted its position in shares of eXp World by 17.1% in the fourth quarter. D.A. Davidson & CO. now owns 15,775 shares of the technology company’s stock worth $112,000 after acquiring an additional 2,300 shares during the last quarter. Jefferies Group LLC acquired a new stake in shares of eXp World in the first quarter worth approximately $112,000. Finally, Sigma Planning Corp boosted its position in shares of eXp World by 6.2% in the fourth quarter. Sigma Planning Corp now owns 17,115 shares of the technology company’s stock worth $121,000 after acquiring an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 6.05% of the company’s stock.

Shares of NASDAQ EXPI opened at $11.20 on Monday. The stock has a market cap of $623.55 million, a PE ratio of -28.72 and a beta of 4.66. eXp World has a 12 month low of $6.61 and a 12 month high of $19.72. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.06.

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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Earnings History and Estimates for eXp World (NASDAQ:EXPI)

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