Exp World (NASDAQ:AGNT) Releases Earnings Results, Beats Expectations By $0.02 EPS

Exp World (NASDAQ:AGNTGet Free Report) released its quarterly earnings data on Monday. The technology company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02, Zacks reports. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $971.32 million. Exp World had a negative net margin of 0.35% and a negative return on equity of 7.05%.

Here are the key takeaways from Exp World’s conference call:

  • Q1 showed improving profitability with gross profit of $75.3M, an operating loss of $8.8M (a 15% YoY improvement), Adjusted EBITDA of $4.1M (up 88% YoY and above guidance midpoint), and cash up 6% to $122M.
  • By segment, North America Realty remains largest with $965.1M revenue and $10M Adjusted EBITDA (+29% YoY from cost saves), while International was the fastest-growing segment, up 27% in Q1.
  • Management reiterated Q2 guidance (revenue $1.36B–$1.45B; Adjusted EBITDA $16M–$21M) and full-year 2026 guidance (revenue $4.85B–$5.15B; Adjusted EBITDA $50M–$75M) while emphasizing financial discipline.
  • Executives cited growing macroeconomic uncertainty and limited visibility into the back half of the year as the primary reason for reiterating guidance and planning a mid-year reassessment.
  • Strategic initiatives to widen the platform include the NextHome franchise add-on (multi-model chassis to reach independents; near-term financial contribution called modest and not yet in guidance) and the retooled SUCCESS coaching/events business, which management says should reach net income by 2027 and strengthen eXp’s platform moat.

Exp World Trading Up 1.5%

AGNT stock traded up $0.08 during trading hours on Wednesday, hitting $5.30. 157,581 shares of the stock were exchanged, compared to its average volume of 1,039,540. Exp World has a 12 month low of $5.14 and a 12 month high of $12.23. The firm has a market capitalization of $858.02 million, a P/E ratio of -52.99 and a beta of 2.20. The company has a 50-day simple moving average of $6.22 and a two-hundred day simple moving average of $8.43.

Institutional Trading of Exp World

Hedge funds and other institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. increased its holdings in shares of Exp World by 139.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,429 shares of the technology company’s stock worth $31,000 after purchasing an additional 1,998 shares during the period. Kemnay Advisory Services Inc. bought a new stake in shares of Exp World in the fourth quarter valued at approximately $37,000. Geneos Wealth Management Inc. grew its position in Exp World by 41.2% during the first quarter. Geneos Wealth Management Inc. now owns 6,365 shares of the technology company’s stock worth $62,000 after buying an additional 1,856 shares in the last quarter. Tower Research Capital LLC TRC grew its position in Exp World by 387.0% during the second quarter. Tower Research Capital LLC TRC now owns 11,108 shares of the technology company’s stock worth $101,000 after buying an additional 8,827 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in Exp World by 14.6% during the 3rd quarter. Raymond James Financial Inc. now owns 11,609 shares of the technology company’s stock worth $124,000 after acquiring an additional 1,475 shares during the period. Institutional investors and hedge funds own 27.17% of the company’s stock.

Analysts Set New Price Targets

AGNT has been the subject of a number of research analyst reports. Zelman & Associates assumed coverage on shares of Exp World in a research report on Friday, March 20th. They set an “underperform” rating and a $4.75 price objective for the company. Wall Street Zen upgraded shares of Exp World to a “hold” rating in a research note on Sunday. Benchmark initiated coverage on shares of Exp World in a report on Thursday, March 26th. They set a “buy” rating and a $8.00 target price for the company. Finally, DA Davidson lowered their price target on shares of Exp World from $11.00 to $10.25 and set a “buy” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $7.67.

Get Our Latest Analysis on Exp World

About Exp World

(Get Free Report)

eXp World Holdings, Inc (NASDAQ: EXPI) is a cloud-based real estate company that operates a global brokerage model through its eXp Realty subsidiary. Founded in 2009 by industry veteran Glenn Sanford and headquartered in Bellingham, Washington, the company leverages a virtual business environment to connect and support real estate professionals. eXp Realty’s technology-driven platform enables licensed agents to list, show and manage residential property transactions without the overhead of traditional brick-and-mortar offices.

At the core of eXp World’s offering is its proprietary virtual campus, which provides real-time training, collaboration and networking via an immersive online environment.

See Also

Earnings History for Exp World (NASDAQ:AGNT)

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