Exponent (EXPO) Set to Announce Earnings on Thursday

Exponent (NASDAQ:EXPO) will release its earnings data after the market closes on Thursday, April 25th. Analysts expect Exponent to post earnings of $0.46 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Exponent (NASDAQ:EXPO) last released its quarterly earnings data on Thursday, February 1st. The business services provider reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.03). Exponent had a net margin of 18.69% and a return on equity of 28.49%. The firm had revenue of $113.87 million during the quarter, compared to analysts’ expectations of $119.11 million. During the same period in the previous year, the firm posted $0.44 EPS. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. On average, analysts expect Exponent to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Exponent Stock Performance

EXPO opened at $79.65 on Tuesday. Exponent has a fifty-two week low of $64.61 and a fifty-two week high of $101.65. The company has a fifty day moving average of $79.35 and a two-hundred day moving average of $81.98. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 40.85 and a beta of 0.68.

Exponent Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Friday, March 8th were issued a $0.28 dividend. This is a boost from Exponent’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $1.12 dividend on an annualized basis and a yield of 1.41%. Exponent’s payout ratio is presently 57.44%.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. StockNews.com raised shares of Exponent from a “sell” rating to a “hold” rating in a research note on Monday, March 4th. Truist Financial cut their target price on shares of Exponent from $110.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, February 2nd.

Insider Transactions at Exponent

In other news, insider Eric Guyer sold 3,367 shares of the business’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $78.49, for a total transaction of $264,275.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.20% of the company’s stock.

About Exponent

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.