Brokers Set Expectations for eXp World Holdings’ Q2 2018 Earnings (EXPI)

eXp World Holdings (OTCMKTS:EXPI) – Investment analysts at William Blair cut their Q2 2018 EPS estimates for shares of eXp World in a report issued on Wednesday, May 16th. William Blair analyst S. Sheldon now anticipates that the technology company will post earnings of ($0.12) per share for the quarter, down from their previous estimate of ($0.04). William Blair has a “Outperform” rating on the stock. William Blair also issued estimates for eXp World’s Q3 2018 earnings at ($0.14) EPS, Q4 2018 earnings at ($0.18) EPS, FY2018 earnings at ($0.63) EPS and FY2019 earnings at ($0.52) EPS.

A number of other brokerages have also recently commented on EXPI. Zacks Investment Research upgraded shares of eXp World from a “sell” rating to a “hold” rating in a research note on Monday, March 12th. DA Davidson set a $17.00 price objective on shares of eXp World and gave the stock a “buy” rating in a report on Tuesday, April 10th. Finally, ValuEngine raised shares of eXp World from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $10.37.

Shares of eXp World opened at $17.36 on Friday, according to Marketbeat.com. eXp World has a 12 month low of $2.57 and a 12 month high of $17.01.

eXp World (OTCMKTS:EXPI) last announced its quarterly earnings results on Tuesday, May 15th. The technology company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.14). The business had revenue of $61.96 million for the quarter, compared to the consensus estimate of $56.72 million. eXp World had a negative return on equity of 699.77% and a negative net margin of 16.43%.

eXp World Company Profile

eXp World Holdings, Inc provides cloud-based real estate brokerage services for residential real estate market in the United states and Canada. The company facilitates buyers to search real-time property listings and sellers to list their properties through its Website; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers.

Earnings History and Estimates for eXp World (OTCMKTS:EXPI)

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