Expro Group (NYSE:XPRO - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.04, Briefing.com reports. Expro Group had a negative net margin of 0.84% and a positive return on equity of 1.43%. The business had revenue of $422.83 million during the quarter, compared to analysts' expectations of $436.62 million. During the same period last year, the firm posted ($0.11) earnings per share. The business's revenue was up 14.3% on a year-over-year basis. Expro Group updated its FY 2024 guidance to EPS and its Q4 2024 guidance to EPS.
Expro Group Stock Down 4.5 %
NYSE:XPRO traded down $0.63 during trading hours on Friday, hitting $13.37. 1,725,449 shares of the stock traded hands, compared to its average volume of 1,057,158. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of -102.85, a PEG ratio of 1.72 and a beta of 0.96. The firm has a 50 day moving average price of $17.82 and a 200 day moving average price of $20.06. The company has a current ratio of 1.90, a quick ratio of 1.56 and a debt-to-equity ratio of 0.09. Expro Group has a fifty-two week low of $13.02 and a fifty-two week high of $24.50.
Wall Street Analyst Weigh In
Separately, Barclays boosted their price objective on Expro Group from $27.00 to $28.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 31st.
Check Out Our Latest Report on Expro Group
Expro Group Company Profile
(
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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.
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