Exponent (NASDAQ:EXPO) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Exponent (NASDAQ:EXPO - Get Free Report) issued its earnings results on Thursday. The business services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.06, Zacks reports. Exponent had a return on equity of 27.76% and a net margin of 19.52%. During the same period in the prior year, the business earned $0.41 earnings per share.

Exponent Stock Down 0.0 %

Shares of EXPO traded down $0.04 during mid-day trading on Monday, reaching $90.86. 309,350 shares of the stock traded hands, compared to its average volume of 229,348. The stock has a fifty day simple moving average of $91.82 and a 200 day simple moving average of $100.55. Exponent has a 12-month low of $74.30 and a 12-month high of $115.75. The firm has a market cap of $4.61 billion, a price-to-earnings ratio of 42.86 and a beta of 0.71.

Exponent Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date is Friday, March 7th. This is a boost from Exponent's previous quarterly dividend of $0.28. Exponent's dividend payout ratio is currently 52.83%.

Insider Activity

In other news, Director Paul R. Johnston sold 1,300 shares of Exponent stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $95.03, for a total transaction of $123,539.00. Following the sale, the director now directly owns 59,406 shares of the company's stock, valued at approximately $5,645,352.18. The trade was a 2.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders sold 15,300 shares of company stock worth $1,538,589. 2.10% of the stock is currently owned by company insiders.

About Exponent

Exponent, Inc, together with its subsidiaries, operates as a science and engineering consulting company in the United States and internationally. The company operates in two segments, Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment provides services in the areas of biomechanics, biomedical engineering and sciences, buildings and structures, civil engineering, construction consulting, data sciences, electrical engineering and computer science, human factors, materials and corrosion engineering, mechanical engineering, polymer science and materials chemistry, thermal sciences, and vehicle engineering.