Exponent (EXPO) Set to Announce Earnings on Thursday

Exponent (NASDAQ:EXPO) is scheduled to 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 participating in 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 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.03). Exponent had a net margin of 18.69% and a return on equity of 28.49%. The company had revenue of $113.87 million for 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% 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 Up 0.6 %

EXPO opened at $79.65 on Tuesday. The firm has a 50-day simple moving average of $79.35 and a two-hundred day simple moving average of $81.98. Exponent has a 52 week low of $64.61 and a 52 week high of $101.65. The company has a market capitalization of $4.03 billion, a PE ratio of 40.85 and a beta of 0.68.

Exponent Increases Dividend

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

Insider Activity at Exponent

In related news, insider Eric Guyer sold 3,367 shares of the stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $78.49, for a total value of $264,275.83. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

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

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.