Exponent, Inc. (NASDAQ:EXPO) is reporting third quarter financial results on Thursday 29th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, EXPO is expected to report 3Q20 income of $ 0.31 per share from revenue of $ 92.80 million.
For the full year, analysts anticipate top line of $ 386.63 million, while looking forward to income of $ 1.43 per share bottom line.
Previous Quarter Performance
Exponent, Inc. outlined income for the second quarter of $ 0.31 per share, from the revenue of $ 92.05 million. The quarterly earnings shrunk 20.51 percent while revenues declined 13.58 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.25 per share from $ 88.34 million in revenue. The bottom line results beat street analysts by $ 0.06 or 24.00 percent, at the same time, top line results outshined analysts by $ 3.71 million or 4.20 percent.
Stock Performance
Shares of Exponent, Inc. traded low $ -1.73 or -2.34 percent on Wednesday, reaching $ 72.27 with volume of 179.00 thousand shares. Exponent, Inc. has traded high as $ 73.58 and has cracked $ 71.17 on the downward trend
According to the previous trading day, closing price of $ 72.27, representing a 27.52 % increase from the 52 week low of $ 58.03 and a 12.55 % decrease over the 52 week high of $ 84.62.
The company has a market capital of $ 3.73 billion and is part of the Industrials sector and Business Services industry.
Recent Stock Dividend Announcement
On July 30, 2020, the board of directors authorized quarterly dividend of $ 0.19 per share to holders of record as of the close of business on September 11, 2020, with payment date of September 25, 2020 and ex-dividend date on September 10, 2020.
Conference Call
Exponent, Inc. will be hosting a conference call at 4:30 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.exponent.com
Exponent, Inc., together with its subsidiaries, operates as a science and engineering consulting company worldwide. Its services include analysis of product development, product recall, regulatory compliance, and the discovery of potential problems related to products, people, property, and impending litigation. The company operates in two segments, Engineering and Other Scientific, and Environmental and Health.
