Exponent, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Exponent, Inc. reported quarterly adjusted earnings of 64 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 55 cents. The mean expectation of four analysts for the quarter was for earnings of 62 cents per share. Wall Street expected results to range from 59 cents to 69 cents per share.

• Revenue rose 11.7% to $153.06 million from a year ago; analysts expected $152.45 million.

• Exponent, Inc.'s reported EPS for the quarter was 64 cents​.

• The company reported quarterly net income of $30.94 million.

• Exponent, Inc. shares had risen by 17.9% this quarter and gained 11.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"

• Wall Street's median 12-month price target for Exponent, Inc. is $72.00, about 8.8% below its last closing price of $78.31

This summary was machine generated from LSEG data October 29 at 10:40 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)