eXp World (EXPI) Set to Announce Quarterly Earnings on Wednesday

eXp World (NASDAQ:EXPI) will be releasing its earnings data after the market closes on Wednesday, May 1st. Analysts expect eXp World to post earnings of ($0.03) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings results on Thursday, February 22nd. The technology company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.06). The company had revenue of $983.05 million for the quarter, compared to analyst estimates of $944.40 million. eXp World had a positive return on equity of 0.09% and a negative net margin of 0.21%. On average, analysts expect eXp World to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

eXp World Stock Performance

Shares of NASDAQ:EXPI opened at $10.54 on Wednesday. The company has a fifty day moving average of $10.90 and a 200-day moving average of $12.72. The company has a market capitalization of $1.60 billion, a PE ratio of -175.67 and a beta of 2.29. eXp World has a 52-week low of $8.91 and a 52-week high of $25.39.

eXp World Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 8th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.20 annualized dividend and a dividend yield of 1.90%. eXp World’s dividend payout ratio (DPR) is presently -333.33%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on EXPI. DA Davidson restated a “neutral” rating and issued a $15.00 price objective (down from $20.00) on shares of eXp World in a report on Friday, January 26th. TheStreet downgraded eXp World from a “c-” rating to a “d” rating in a report on Monday, March 4th.

eXp World Company Profile

eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company operates through North American Realty, International Realty, Virbela, and Other Affiliated Services segments. It provides Virbela, a cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees.