Exponent Q3 EPS $0.48 Misses $0.49 Estimate, Sales $133.34M Beat $126.15M Estimate
Portfolio Pulse from totan@benzinga.com
Exponent (NASDAQ:EXPO) reported Q3 earnings of $0.48 per share, missing the analyst consensus estimate of $0.49 by 2.04%. However, the company's quarterly sales of $133.34 million beat the analyst consensus estimate of $126.15 million by 5.70%. This represents a 2.13% increase in earnings and a 4.84% increase in sales compared to the same period last year.
October 26, 2023 | 8:14 pm
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NEUTRAL IMPACT
Exponent's Q3 earnings per share missed estimates, but sales beat expectations. This mixed report may lead to uncertain short-term price movements.
Exponent's earnings miss could negatively impact the stock price, but the sales beat could offset this. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100