Exponent (EXPO) Set to Announce Quarterly Earnings on Thursday

Exponent (NASDAQ:EXPO) will issue its quarterly earnings data after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $0.46 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Exponent (NASDAQ:EXPO) last announced its quarterly earnings data on Thursday, February 1st. The business services provider reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.03). Exponent had a return on equity of 28.49% and a net margin of 18.69%. The firm had revenue of $113.87 million during the quarter, compared to the consensus estimate of $119.11 million. During the same period last year, the company earned $0.44 EPS. The firm’s revenue for the quarter was up 1.1% 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 Stock Up 0.9 %

Shares of NASDAQ:EXPO opened at $80.36 on Wednesday. Exponent has a 52-week low of $64.61 and a 52-week high of $101.65. The stock has a market cap of $4.06 billion, a P/E ratio of 41.21 and a beta of 0.68. The business’s 50 day moving average is $79.46 and its 200 day moving average is $81.93.

Exponent Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 8th were paid a $0.28 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $1.12 annualized dividend and a yield of 1.39%. This is a boost from Exponent’s previous quarterly dividend of $0.26. Exponent’s dividend payout ratio is 57.44%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on EXPO. Truist Financial dropped their price objective on Exponent from $110.00 to $95.00 and set a “buy” rating on the stock in a research note on Friday, February 2nd. StockNews.com raised Exponent from a “sell” rating to a “hold” rating in a research note on Monday, March 4th.

Insider Buying and Selling at Exponent

In other Exponent news, insider Eric Guyer sold 3,367 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $78.49, for a total transaction of $264,275.83. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 2.20% of the company’s stock.

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.