eXp World (EXPI) to Release Quarterly Earnings on Wednesday

eXp World (NASDAQ:EXPI) is set to post its quarterly earnings results 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 registering for the company’s earnings conference call can do so using this link.

eXp World (NASDAQ:EXPI) last posted its quarterly earnings results on Thursday, February 22nd. The technology company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.06). The business had revenue of $983.05 million during the quarter, compared to the consensus estimate 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

EXPI stock opened at $10.12 on Monday. The stock’s fifty day moving average is $10.78 and its two-hundred day moving average is $12.61. eXp World has a 1 year low of $8.91 and a 1 year high of $25.39. The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of -168.67 and a beta of 2.29.

eXp World Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 8th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.98%. The ex-dividend date was Thursday, March 7th. eXp World’s payout ratio is currently -333.33%.

Wall Street Analyst Weigh In

EXPI has been the subject of several research reports. DA Davidson reduced their price objective on shares of eXp World from $13.00 to $11.75 and set an “underperform” rating for the company in a research report on Thursday. TheStreet lowered shares of eXp World from a “c-” rating to a “d” rating in a research note on Monday, March 4th.

About eXp World

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.