eXp World (EXPI) Scheduled to Post Earnings on Wednesday

eXp World (NASDAQ:EXPI) is scheduled to be releasing its earnings data after the market closes on Wednesday, July 31st. Analysts expect eXp World to post earnings of $0.10 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings results on Wednesday, May 1st. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. eXp World had a negative return on equity of 1.50% and a negative net margin of 0.60%. The firm had revenue of $943.10 million during the quarter, compared to the consensus estimate of $893.24 million. During the same period in the prior year, the firm earned $0.01 EPS. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. 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 Trading Down 2.3 %

Shares of NASDAQ EXPI opened at $14.30 on Tuesday. The stock has a fifty day moving average price of $11.70 and a 200 day moving average price of $11.58. eXp World has a 12-month low of $8.91 and a 12-month high of $25.39.

Analyst Ratings Changes

A number of equities analysts have weighed in on EXPI shares. DA Davidson reissued a “neutral” rating and issued a $11.75 price objective on shares of eXp World in a research report on Friday, July 12th. BTIG Research raised shares of eXp World from a “sell” rating to a “neutral” rating in a research report on Tuesday, July 23rd.

Insider Transactions at eXp World

In related news, CEO Glenn Darrel Sanford sold 25,000 shares of the stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $11.05, for a total transaction of $276,250.00. Following the sale, the chief executive officer now owns 41,563,393 shares in the company, valued at $459,275,492.65. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last 90 days, insiders have sold 334,783 shares of company stock valued at $4,253,940. Insiders own 35.70% of the company’s stock.

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.