eXp World (EXPI) Scheduled to Post Earnings on Wednesday

eXp World (NASDAQ:EXPI) is set to announce its earnings results after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings data on Wednesday, May 1st. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. eXp World had a negative net margin of 0.60% and a negative return on equity of 1.50%. The firm had revenue of $943.10 million for the quarter, compared to analysts’ expectations of $893.24 million. During the same period last year, the firm earned $0.01 earnings per share. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, analysts expect eXp World to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

eXp World Price Performance

Shares of NASDAQ EXPI opened at $14.30 on Tuesday. The company’s fifty day moving average is $11.70 and its 200-day moving average is $11.58. eXp World has a twelve month low of $8.91 and a twelve month high of $25.39.

Insider Buying and Selling at eXp World

In other eXp World news, CEO Glenn Darrel Sanford sold 25,000 shares of eXp World stock in a transaction on Monday, June 10th. The shares were sold at an average price of $10.92, for a total value of $273,000.00. Following the sale, the chief executive officer now directly owns 41,513,393 shares in the company, valued at approximately $453,326,251.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders have sold 334,783 shares of company stock worth $4,253,940. Insiders own 35.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. DA Davidson restated a “neutral” rating and set a $11.75 price objective on shares of eXp World in a report on Friday, July 12th. BTIG Research upgraded shares of eXp World from a “sell” rating to a “neutral” rating in a report on Tuesday, July 23rd.

About eXp World

eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company operates through North American Realty, International Realty, Virbela, and Other Affiliated Services segments. It provides Virbela, a cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees.