eXp World Holdings Q1 2024 GAAP EPS $(0.10) Misses $(0.06) Estimate, Sales $943.054M Beat $893.243M Estimate
Portfolio Pulse from Benzinga Newsdesk
eXp World Holdings (NASDAQ:EXPI) reported Q1 2024 GAAP EPS of $(0.10), missing the $(0.06) estimate, with sales of $943.054M beating the $893.243M estimate. This represents a 1100% decrease in EPS from last year and an 11.15% increase in sales.

May 01, 2024 | 9:52 pm
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NEUTRAL IMPACT
eXp World Holdings reported a significant miss in Q1 2024 EPS at $(0.10) against estimates of $(0.06), but surpassed sales estimates with $943.054M against $893.243M expected.
The miss in EPS is significant and typically would be a negative signal for investors, indicating potential operational or financial challenges. However, the beat on sales estimates suggests that the company is still growing its top line, which could offset some of the negative sentiment from the earnings miss. The mixed results make the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100