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

eXp World (NASDAQ:EXPI) will announce its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings data on Thursday, February 22nd. The technology company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.06). The firm had revenue of $983.05 million during the quarter, compared to the consensus estimate of $944.40 million. eXp World had a negative net margin of 0.21% and a positive return on equity of 0.09%. 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

Shares of EXPI stock opened at $10.12 on Monday. eXp World has a 52-week low of $8.91 and a 52-week high of $25.39. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of -168.67 and a beta of 2.29. The firm’s 50-day moving average is $10.78 and its 200-day moving average is $12.61.

eXp World Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 8th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend was Thursday, March 7th. eXp World’s dividend payout ratio (DPR) is presently -333.33%.

Analyst Ratings Changes

Several research analysts have recently commented on EXPI shares. DA Davidson reduced their target price on eXp World from $13.00 to $11.75 and set an “underperform” rating for the company in a research note on Thursday. TheStreet downgraded shares of eXp World from a “c-” rating to a “d” rating in a report 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.