Exponent Q4 EPS $0.41 Misses $0.44 Estimate, Sales $122.90M Beat $119.11M Estimate
Portfolio Pulse from bharat@benzinga.com
Exponent (NASDAQ:EXPO) reported Q4 earnings of $0.41 per share, missing the consensus estimate of $0.44, a 6.82% decrease from last year. However, sales of $122.90M exceeded estimates by 3.18%, despite being a 3.50% decrease from the previous year.
February 01, 2024 | 9:10 pm
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Exponent reported mixed Q4 results with earnings missing estimates but sales beating expectations. Earnings per share decreased by 6.82% YOY, while sales saw a slight increase over estimates but a decrease from the previous year.
The mixed results from Exponent's Q4 report, with a miss on earnings but a beat on sales, could lead to neutral short-term stock price movement. The decrease in earnings YOY might concern investors, but the sales beat could offset negative sentiment. Given the mixed nature of the report, the short-term impact is assessed as neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100