Q2 2019 Earnings Estimate for eXp World Holdings Issued By DA Davidson (EXPI)

eXp World Holdings (OTCMKTS:EXPI) – Investment analysts at DA Davidson upped their Q2 2019 earnings per share estimates for shares of eXp World in a research report issued to clients and investors on Tuesday, August 14th. DA Davidson analyst T. White now forecasts that the technology company will post earnings of $0.05 per share for the quarter, up from their prior forecast of $0.02. DA Davidson also issued estimates for eXp World’s Q2 2020 earnings at $0.12 EPS.

eXp World (OTCMKTS:EXPI) last issued its earnings results on Monday, August 13th. The technology company reported ($0.03) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.06) by $0.03. The company had revenue of $130.54 million during the quarter, compared to the consensus estimate of $111.38 million. eXp World had a negative return on equity of 583.85% and a negative net margin of 13.66%.



Several other analysts also recently commented on the company. Zacks Investment Research upgraded eXp World from a “sell” rating to a “hold” rating in a research note on Wednesday, July 18th. ValuEngine upgraded eXp World from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd. Finally, Stephens started coverage on eXp World in a research note on Tuesday, July 31st. They issued an “overweight” rating and a $20.00 target price for the company. Six research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and an average price target of $15.90.

Shares of EXPI opened at $17.00 on Wednesday. eXp World has a one year low of $3.00 and a one year high of $19.30.

In other eXp World news, Director Richard Stanwood Miller sold 5,000 shares of eXp World stock in a transaction dated Wednesday, August 8th. The stock was sold at an average price of $16.01, for a total transaction of $80,050.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jason Gesing sold 5,601 shares of eXp World stock in a transaction dated Monday, August 6th. The shares were sold at an average price of $15.01, for a total value of $84,071.01. The disclosure for this sale can be found here. 49.56% of the stock is currently owned by insiders.

A hedge fund recently bought a new stake in eXp World stock. Citadel Advisors LLC bought a new position in eXp World Holdings (OTCMKTS:EXPI) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 10,052 shares of the technology company’s stock, valued at approximately $114,000. 0.03% of the stock is owned by hedge funds and other institutional investors.

About eXp World

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; 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 (OTCMKTS:EXPI)

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