Exponent (NASDAQ:EXPO) Issues Earnings Results, Beats Expectations By $0.06 EPS

Exponent (NASDAQ:EXPO) announced its quarterly earnings results 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 27.76%. During the same quarter in the previous year, the business earned $0.41 earnings per share.

Exponent Price Performance

Shares of NASDAQ:EXPO opened at $90.90 on Friday. The business’s fifty day moving average price is $91.98 and its two-hundred day moving average price is $100.73. Exponent has a fifty-two week low of $74.30 and a fifty-two week high of $115.75. The stock has a market capitalization of $4.61 billion, a price-to-earnings ratio of 42.88 and a beta of 0.71.

Exponent Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend is Friday, March 7th. This is an increase from Exponent’s previous quarterly dividend of $0.28. Exponent’s dividend payout ratio (DPR) is 52.83%.

Insider Buying and Selling at Exponent

In other news, Director Paul R. Johnston sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $98.32, for a total transaction of $688,240.00. Following the completion of the sale, the director now owns 59,406 shares of the company’s stock, valued at approximately $5,840,797.92. This trade represents a 10.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last three months, insiders sold 15,300 shares of company stock valued at $1,538,589. 2.10% of the stock is currently owned by company 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.