Exponent (EXPO) Scheduled to Post Quarterly Earnings on Thursday

Exponent (NASDAQ:EXPO) is set to release its earnings data after the market closes on Thursday, October 24th. Analysts expect Exponent to post earnings of $0.48 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Exponent (NASDAQ:EXPO) last released its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.57 EPS for the quarter, beating the consensus estimate of $0.50 by $0.07. The company had revenue of $132.43 million during the quarter, compared to the consensus estimate of $130.83 million. Exponent had a return on equity of 28.39% and a net margin of 19.35%. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.50 EPS. On average, analysts expect Exponent to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Exponent Trading Down 2.5 %

Shares of EXPO opened at $110.05 on Tuesday. The company’s fifty day simple moving average is $108.81 and its 200 day simple moving average is $99.40. Exponent has a 1-year low of $64.61 and a 1-year high of $115.75. The company has a market cap of $5.58 billion, a price-to-earnings ratio of 55.58 and a beta of 0.66.

Exponent Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, September 6th were issued a $0.28 dividend. The ex-dividend date of this dividend was Friday, September 6th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.02%. Exponent’s payout ratio is 56.57%.

Wall Street Analysts Forecast Growth

Separately, Truist Financial reissued a “buy” rating and set a $120.00 price target (up previously from $100.00) on shares of Exponent in a research report on Friday, July 26th.

Insider Buying and Selling at Exponent

In other news, VP John Pye sold 3,956 shares of the stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $105.00, for a total value of $415,380.00. Following the transaction, the vice president now directly owns 28,422 shares of the company’s stock, valued at $2,984,310. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.10% 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.