ExamWorks Group (EXAM) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS
ExamWorks Group (NASDAQ:EXAM) announced its earnings results on Tuesday. The company reported ($0.08) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.06) by $0.02, Stock Ratings Network reports. The company had revenue of $158.80 million for the quarter, compared to the consensus estimate of $151.51 million.
On the ratings front, analysts at Zacks downgraded shares of ExamWorks Group from an “outperform” rating to a “neutral” rating in a research note on Tuesday, December 3rd. They now have a $31.90 price target on the stock.
ExamWorks Group (NASDAQ:EXAM) traded down 0.87% on Tuesday, hitting $30.60. The stock had a trading volume of 321,535 shares. ExamWorks Group has a 1-year low of $13.82 and a 1-year high of $32.48. The stock’s 50-day moving average is $30.5 and its 200-day moving average is $27.4. The company’s market cap is $1.114 billion.
ExamWorks Group, Inc (NASDAQ:EXAM) is a provider of independent medical examinations (IMEs), peer and bill reviews, and related services, referred to as IME services or the IME industry.
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