Exponent (NASDAQ:EXPO – Get Free Report) released its earnings results on Thursday. The business services provider reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.13, Briefing.com reports. Exponent had a net margin of 18.72% and a return on equity of 28.50%. The company had revenue of $137.21 million during the quarter, compared to the consensus estimate of $125.98 million. During the same quarter in the prior year, the firm earned $0.56 EPS. The company’s revenue was up 6.6% compared to the same quarter last year.
Exponent Price Performance
NASDAQ:EXPO traded up $15.53 during midday trading on Friday, reaching $95.21. The stock had a trading volume of 997,258 shares, compared to its average volume of 220,354. Exponent has a 1-year low of $64.61 and a 1-year high of $102.72. The firm’s fifty day simple moving average is $79.93 and its 200-day simple moving average is $81.94. The stock has a market capitalization of $4.82 billion, a P/E ratio of 48.09 and a beta of 0.68.
Exponent Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 21st. Stockholders of record on Friday, June 7th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, June 7th. This represents a $1.12 annualized dividend and a dividend yield of 1.18%. Exponent’s dividend payout ratio (DPR) is 56.57%.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on EXPO
Insider Activity at Exponent
In related news, insider Eric Guyer sold 3,367 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $78.49, for a total value of $264,275.83. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.20% of the stock is currently owned by company insiders.
About Exponent
Exponent, Inc, together with its subsidiaries, operates as a science and engineering consulting company in the United States and internationally. The company operates in two segments, Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment provides services in the areas of biomechanics, biomedical engineering and sciences, buildings and structures, civil engineering, construction consulting, data sciences, electrical engineering and computer science, human factors, materials and corrosion engineering, mechanical engineering, polymer science and materials chemistry, thermal sciences, and vehicle engineering.
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