Brokerages predict that Exponent, Inc. (NASDAQ:EXPO) will report $0.41 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have provided estimates for Exponent’s earnings, with estimates ranging from $0.39 to $0.42. Exponent reported earnings of $0.38 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 7.9%. The business is expected to report its next quarterly earnings report on Tuesday, July 18th.
According to Zacks, analysts expect that Exponent will report full year earnings of $1.80 per share for the current fiscal year, with EPS estimates ranging from $1.77 to $1.82. For the next fiscal year, analysts anticipate that the business will post earnings of $1.87 per share, with EPS estimates ranging from $1.82 to $1.91. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that cover Exponent.
Exponent (NASDAQ:EXPO) last released its earnings results on Wednesday, April 19th. The business services provider reported $0.39 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by $0.09. Exponent had a return on equity of 15.76% and a net margin of 15.07%. The company had revenue of $80.47 million for the quarter, compared to analyst estimates of $79.32 million. During the same period in the previous year, the firm earned $0.56 earnings per share. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year.
Several research analysts have commented on the company. Zacks Investment Research lowered Exponent from a “buy” rating to a “hold” rating in a research report on Wednesday, April 19th. Cantor Fitzgerald reissued an “overweight” rating and issued a $69.00 price objective (up from $64.00) on shares of Exponent in a research report on Saturday, April 22nd.
Several hedge funds have recently made changes to their positions in the stock. Tyers Asset Management LLC acquired a new stake in shares of Exponent during the fourth quarter valued at $145,000. Victory Capital Management Inc. increased its stake in shares of Exponent by 3.1% in the third quarter. Victory Capital Management Inc. now owns 2,518 shares of the business services provider’s stock valued at $129,000 after buying an additional 76 shares in the last quarter. Sei Investments Co. increased its stake in shares of Exponent by 111.8% in the third quarter. Sei Investments Co. now owns 2,584 shares of the business services provider’s stock valued at $132,000 after buying an additional 1,364 shares in the last quarter. State of Alaska Department of Revenue increased its stake in shares of Exponent by 0.7% in the first quarter. State of Alaska Department of Revenue now owns 2,830 shares of the business services provider’s stock valued at $168,000 after buying an additional 20 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in shares of Exponent by 21.8% in the first quarter. Bank of Montreal Can now owns 3,209 shares of the business services provider’s stock valued at $192,000 after buying an additional 575 shares in the last quarter. Institutional investors own 94.94% of the company’s stock.
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Exponent (NASDAQ:EXPO) traded down 1.05% on Thursday, reaching $61.15. The company had a trading volume of 96,789 shares. Exponent has a 12 month low of $45.00 and a 12 month high of $64.80. The stock has a market capitalization of $1.61 billion, a P/E ratio of 33.99 and a beta of 0.63. The firm has a 50-day moving average of $59.31 and a 200-day moving average of $58.67.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 23rd. Stockholders of record on Friday, June 9th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a $0.84 annualized dividend and a dividend yield of 1.37%. Exponent’s dividend payout ratio is presently 41.14%.
Exponent Company Profile
Exponent, Inc (Exponent), along with its subsidiaries, is a science and engineering consulting company. Exponent provides engineering and scientific consulting services to clients around the world. Its service offerings are provided on a project-by-project basis. It operates in two segments: Engineering and Other Scientific, and Environmental and Health.
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