Exponent (EXPO) Releases Earnings Results, Misses Expectations By $-0.05 EPS

Exponent (EXPO) reported quarterly earnings results on Tuesday, Jul-19-2016. The company reported $0.38 earnings per share for the quarter, missing the analyst consensus estimate by $-0.05. Analysts had a consensus of $0.43. The company posted revenue of $73.33 million in the period, compared to analysts expectations of $77.96 million. The company’s revenue was down -2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS.

Many Wall Street Analysts have commented on Exponent. Exponent was Initiated by Avondale to “Mkt Perform” on Jul 7, 2016.

Exponent closed down -0.47 points or -0.80% at $58.43 with 61,421 shares getting traded on Monday. Post opening the session at $59.13, the shares hit an intraday low of $58.04 and an intraday high of $59.13 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Jul 18, 2016, Paul R Johnston (President & CEO) sold 5,500 shares at $59.27 per share price. According to the SEC, on Jun 1, 2016, Catherine Corrigan (Group Vice President) sold 3,000 shares at $52.68 per share price. On May 18, 2016, Paul Boehm (Group Vice President) sold 10,000 shares at $51.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Exponent Inc. is a science and engineering consulting firm that provides solutions to complex problems. The Company serves clients in automotive aviation chemical construction consumer products energy Government health insurance manufacturing and technology among others. It provides engineering and scientific consulting services to clients around the world. It operates around 22 practices and centers in two operating segments: Engineering and Other Scientific and Environmental and Health. Its Engineering and Other Scientific segment includes biomechanics biomedical engineering buildings and structures construction consulting electrical engineering and computer science engineering management consulting thermal sciences and vehicle analysis services among others. Its Environmental and Health segment includes chemical regulation and food safety ecological and biological sciences environmental and earth sciences and mechanistic biology services among others.


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