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

eXp World (NASDAQ:EXPI - Get Free Report) is set to release its earnings data after the market closes on Thursday, November 7th. Analysts expect eXp World to post earnings of $0.06 per share for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

eXp World (NASDAQ:EXPI - Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by ($0.02). eXp World had a negative return on equity of 0.56% and a negative net margin of 0.52%. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter last year, the firm posted $0.06 EPS. The firm's revenue for the quarter was up 5.2% on a year-over-year basis. 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

NASDAQ EXPI traded up $0.52 during mid-day trading on Thursday, reaching $13.32. 795,058 shares of the stock were exchanged, compared to its average volume of 1,007,588. The stock has a market cap of $2.06 billion, a P/E ratio of -78.35 and a beta of 2.30. eXp World has a one year low of $8.91 and a one year high of $17.11. The stock has a 50 day simple moving average of $13.17 and a 200-day simple moving average of $12.21.

Insider Buying and Selling

In other news, CEO Glenn Darrel Sanford sold 26,630 shares of the company's stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $11.82, for a total transaction of $314,766.60. Following the transaction, the chief executive officer now owns 40,943,667 shares in the company, valued at approximately $483,954,143.94. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other eXp World news, Director Randall D. Miles sold 30,000 shares of the business's stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $15.11, for a total transaction of $453,300.00. Following the completion of the sale, the director now owns 547,665 shares in the company, valued at approximately $8,275,218.15. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Glenn Darrel Sanford sold 26,630 shares of the firm's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $11.82, for a total transaction of $314,766.60. Following the completion of the transaction, the chief executive officer now directly owns 40,943,667 shares in the company, valued at $483,954,143.94. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 606,463 shares of company stock valued at $7,961,070 over the last ninety days. 35.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. BTIG Research raised eXp World from a "sell" rating to a "neutral" rating in a research report on Tuesday, July 23rd. DA Davidson boosted their price target on eXp World from $11.75 to $13.50 and gave the company a "neutral" rating in a research note on Thursday, August 1st.

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.