Exponent Q2 EPS $0.50 Misses $0.51 Estimate, Sales $140.20M Beat $129.59M Estimate
Portfolio Pulse from Bill Haddad
Exponent (NASDAQ:EXPO) reported Q2 earnings of $0.50 per share, missing the analyst consensus estimate of $0.51 by 1.96%. However, the company's quarterly sales of $140.20 million beat the analyst consensus estimate of $129.59 million by 8.19%. This represents a 2.04% increase in earnings and a 7.61% increase in sales from the same period last year.
July 27, 2023 | 8:34 pm
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NEUTRAL IMPACT
Exponent's Q2 earnings per share missed estimates, but sales beat expectations. This mixed result could lead to uncertainty in the market.
Exponent's earnings miss could negatively impact the stock price, but the sales beat could offset this. The net effect is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100