Expro Group (XPRO) to Release Earnings on Thursday

Expro Group (NYSE:XPRO) is set to announce its earnings results before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $0.12 per share for the quarter. Expro Group has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

Expro Group (NYSE:XPRO) last issued its quarterly earnings data on Wednesday, February 21st. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.07). Expro Group had a negative return on equity of 0.09% and a negative net margin of 1.54%. The business had revenue of $406.75 million during the quarter, compared to the consensus estimate of $382.91 million. During the same period in the prior year, the firm earned $0.12 EPS. The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. On average, analysts expect Expro Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Expro Group Stock Performance

Shares of Expro Group stock opened at $18.62 on Thursday. The company has a quick ratio of 1.45, a current ratio of 1.74 and a debt-to-equity ratio of 0.03. Expro Group has a twelve month low of $14.33 and a twelve month high of $25.04. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of -84.64 and a beta of 0.91. The company’s fifty day moving average is $18.95 and its 200 day moving average is $17.77.

Analyst Ratings Changes

Separately, Barclays upped their price target on shares of Expro Group from $17.00 to $18.00 and gave the company an “equal weight” rating in a research report on Thursday, February 29th.

Institutional Trading of Expro Group

A number of institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Expro Group by 4.4% during the 4th quarter. Vanguard Group Inc. now owns 2,314,224 shares of the company’s stock worth $36,842,000 after purchasing an additional 97,669 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Expro Group by 50.4% during the 4th quarter. Legal & General Group Plc now owns 2,860 shares of the company’s stock worth $46,000 after purchasing an additional 959 shares in the last quarter. Barclays PLC boosted its position in shares of Expro Group by 37.8% during the 4th quarter. Barclays PLC now owns 397,730 shares of the company’s stock worth $6,332,000 after purchasing an additional 108,998 shares in the last quarter. Profund Advisors LLC boosted its position in shares of Expro Group by 8.4% during the 4th quarter. Profund Advisors LLC now owns 24,879 shares of the company’s stock worth $396,000 after purchasing an additional 1,935 shares in the last quarter. Finally, Gotham Asset Management LLC bought a new position in shares of Expro Group during the 4th quarter worth about $183,000. Institutional investors own 92.07% of the company’s stock.

About Expro Group

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity solutions.