Exponent (EXPO) Set to Announce Quarterly Earnings on Thursday

Exponent (NASDAQ:EXPO) is set to release its earnings data after the market closes on Thursday, October 24th. Analysts expect Exponent to post earnings of $0.48 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Exponent (NASDAQ:EXPO) last posted its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.07. Exponent had a net margin of 19.35% and a return on equity of 28.39%. The firm had revenue of $132.43 million during the quarter, compared to the consensus estimate of $130.83 million. During the same quarter in the previous year, the firm posted $0.50 EPS. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. On average, analysts expect Exponent to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Exponent Trading Down 2.5 %

Shares of EXPO opened at $110.05 on Tuesday. Exponent has a 12 month low of $64.61 and a 12 month high of $115.75. The firm’s 50 day moving average is $108.81 and its 200-day moving average is $99.40. The stock has a market capitalization of $5.58 billion, a PE ratio of 55.58 and a beta of 0.66.

Exponent Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, September 6th were paid a dividend of $0.28 per share. The ex-dividend date was Friday, September 6th. This represents a $1.12 dividend on an annualized basis and a yield of 1.02%. Exponent’s dividend payout ratio (DPR) is presently 56.57%.

Insider Transactions at Exponent

In other Exponent news, VP John Pye sold 3,956 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $105.00, for a total transaction of $415,380.00. Following the completion of the transaction, the vice president now directly owns 28,422 shares in the company, valued at $2,984,310. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Truist Financial reissued a “buy” rating and set a $120.00 target price (up from $100.00) on shares of Exponent in a report on Friday, July 26th.

Exponent Company Profile

Exponent, Inc, together with its subsidiaries, operates as a science and engineering consulting company in the United States and internationally. The company operates in two segments, Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment provides services in the areas of biomechanics, biomedical engineering and sciences, buildings and structures, civil engineering, construction consulting, data sciences, electrical engineering and computer science, human factors, materials and corrosion engineering, mechanical engineering, polymer science and materials chemistry, thermal sciences, and vehicle engineering.