eXp World Holdings Inc (EXPI) Releases Quarterly Earnings Results, Beats Estimates By $0.10 EPS
eXp World Holdings Inc (NASDAQ:EXPI) announced its quarterly earnings data on Monday. The technology company reported $0.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.10, Bloomberg Earnings reports. The firm had revenue of $39.57 million during the quarter, compared to analyst estimates of $33.79 million. eXp World Holdings had a negative net margin of 0.32% and a negative return on equity of 10.66%.
Shares of eXp World Holdings (NASDAQ EXPI) remained flat at $3.42 during trading on Tuesday. 10,440 shares of the company traded hands. The firm’s 50-day moving average price is $0.71 and its 200-day moving average price is $0.83. eXp World Holdings has a 52 week low of $2.51 and a 52 week high of $5.84. The firm’s market cap is $179.93 million.
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EXPI has been the subject of several research analyst reports. William Blair initiated coverage on shares of eXp World Holdings in a research report on Friday, July 21st. They issued an “outperform” rating for the company. ValuEngine lowered shares of eXp World Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. Finally, Fundamental Research reaffirmed a “top pick” rating and issued a $7.43 price objective on shares of eXp World Holdings in a research report on Friday, June 23rd.
About eXp World Holdings
eXp World Holdings, Inc, formerly eXp Realty International Corporation, is a cloud-based real estate company. The Company’s segments include Real Estate Brokerage Services, Mortgage Origination Services, and Corporate and Other. It operates over the Internet through its Website, http://exprealty.com and a cloud-based platform to provide its residential real estate brokerage services.
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