Wall Street analysts expect eXp World Holdings Inc (NASDAQ:EXPI) to report sales of $146.30 million for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for eXp World’s earnings, with the lowest sales estimate coming in at $141.91 million and the highest estimate coming in at $150.70 million. The business is expected to report its next quarterly earnings report on Tuesday, February 12th.

On average, analysts expect that eXp World will report full year sales of $496.02 million for the current fiscal year, with estimates ranging from $491.65 million to $500.40 million. For the next fiscal year, analysts forecast that the business will report sales of $823.14 million, with estimates ranging from $784.70 million to $861.58 million. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that cover eXp World.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings results on Tuesday, November 13th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.03). The business had revenue of $157.20 million for the quarter, compared to analyst estimates of $134.56 million. eXp World had a negative net margin of 7.29% and a negative return on equity of 238.59%. The firm’s revenue for the quarter was up 231.6% on a year-over-year basis.

Several brokerages recently issued reports on EXPI. DA Davidson decreased their price target on eXp World to $20.00 and set a “buy” rating for the company in a report on Wednesday, November 14th. Zacks Investment Research lowered eXp World from a “buy” rating to a “hold” rating in a research report on Tuesday, October 16th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. eXp World presently has a consensus rating of “Buy” and an average target price of $16.65.

Shares of EXPI stock traded down $0.19 during mid-day trading on Monday, reaching $9.93. 4,242 shares of the stock traded hands, compared to its average volume of 138,226. eXp World has a 1-year low of $7.03 and a 1-year high of $19.72.

In other eXp World news, Director Richard Stanwood Miller sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 20th. The shares were sold at an average price of $19.13, for a total value of $191,300.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Darren Lee Jacklin sold 14,500 shares of the firm’s stock in a transaction that occurred on Friday, September 28th. The stock was sold at an average price of $18.34, for a total transaction of $265,930.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 68,077 shares of company stock worth $1,119,400. 47.20% of the stock is owned by insiders.

Several institutional investors have recently added to or reduced their stakes in EXPI. D.A. Davidson & CO. acquired a new position in eXp World in the third quarter valued at $248,000. GSA Capital Partners LLP acquired a new stake in eXp World in the third quarter valued at approximately $358,000. Engineers Gate Manager LP bought a new position in shares of eXp World in the third quarter valued at approximately $369,000. Bank of New York Mellon Corp bought a new position in shares of eXp World in the third quarter valued at approximately $413,000. Finally, Jane Street Group LLC bought a new position in eXp World during the third quarter worth $429,000. 4.53% of the stock is owned by institutional investors and hedge funds.

About eXp World

eXp World Holdings, Inc provides cloud-based real estate brokerage services for residential real estate market in the United states and Canada. The company facilitates buyers to search real-time property listings and sellers to list their properties through its Website; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers.

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Earnings History and Estimates for eXp World (NASDAQ:EXPI)

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