eXp World (EXPI) Set to Announce Quarterly Earnings on Wednesday

eXp World (NASDAQ:EXPI) will be posting 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. Individual interested in listening to 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 for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.06). The firm had revenue of $983.05 million for the quarter, compared to analysts’ expectations 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 Price Performance

Shares of NASDAQ EXPI opened at $10.29 on Tuesday. The business has a 50 day simple moving average of $10.75 and a 200 day simple moving average of $12.58. eXp World has a 52 week low of $8.91 and a 52 week high of $25.39.

eXp World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 8th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.94%. The ex-dividend date was Thursday, March 7th. eXp World’s dividend payout ratio is -333.33%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on EXPI. DA Davidson cut their target price on eXp World from $13.00 to $11.75 and set an “underperform” rating on the stock in a report on Thursday, April 25th. TheStreet downgraded eXp World from a “c-” rating to a “d” rating in a research note on Monday, March 4th.

eXp World Company Profile

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.