Exponent (NASDAQ:EXPO) Announces Earnings Results, Beats Estimates By $0.06 EPS

Exponent (NASDAQ:EXPO) issued its quarterly earnings data on Thursday. The business services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.06, Zacks reports. Exponent had a net margin of 19.52% and a return on equity of 27.73%.

Exponent Stock Down 3.0 %

Shares of EXPO traded down $2.79 during trading hours on Thursday, reaching $89.82. 418,729 shares of the company traded hands, compared to its average volume of 211,376. The stock has a market capitalization of $4.56 billion, a P/E ratio of 43.39 and a beta of 0.71. Exponent has a 12-month low of $74.30 and a 12-month high of $115.75. The business has a fifty day moving average price of $92.31 and a 200-day moving average price of $100.91.

Exponent Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be issued a $0.30 dividend. This is a positive change from Exponent’s previous quarterly dividend of $0.28. This represents a $1.20 annualized dividend and a yield of 1.34%. Exponent’s payout ratio is currently 54.11%.

Insider Activity

In other news, Director Paul R. Johnston sold 1,300 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $95.03, for a total transaction of $123,539.00. Following the sale, the director now directly owns 59,406 shares of the company’s stock, valued at $5,645,352.18. The trade was a 2.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 15,300 shares of company stock valued at $1,538,589 over the last ninety days. 2.10% of the stock is currently owned by insiders.

Exponent Company Profile

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.