$325.70 Million in Sales Expected for Expro Group Holdings N.V. (NYSE:XPRO) This Quarter

Wall Street analysts expect Expro Group Holdings N.V. (NYSE:XPRO) to announce $325.70 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Expro Group’s earnings, with estimates ranging from $322.00 million to $329.40 million. Expro Group reported sales of $96.35 million during the same quarter last year, which indicates a positive year over year growth rate of 238%. The firm is scheduled to announce its next quarterly earnings results on Tuesday, February 22nd.

On average, analysts expect that Expro Group will report full-year sales of $1.17 billion for the current fiscal year, with estimates ranging from $1.17 billion to $1.18 billion. For the next financial year, analysts forecast that the business will report sales of $1.33 billion, with estimates ranging from $1.31 billion to $1.35 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that that provide coverage for Expro Group.

Expro Group (NYSE:XPRO) last announced its quarterly earnings results on Monday, November 8th. The company reported ($0.12) EPS for the quarter. Expro Group had a negative net margin of 14.44% and a negative return on equity of 5.45%. The firm had revenue of $114.94 million during the quarter, compared to analyst estimates of $110.00 million.

Several brokerages have commented on XPRO. Zacks Investment Research lowered shares of Expro Group from a “hold” rating to a “sell” rating in a research note on Thursday. Barclays reiterated a “neutral” rating on shares of Expro Group in a research note on Friday, December 3rd.

Shares of NYSE:XPRO opened at $16.53 on Friday. The company has a 50 day moving average price of $15.27. Expro Group has a 52 week low of $11.74 and a 52 week high of $32.64.

About Expro Group

Expro Group Holdings NV engages in the provision of integrated services across the well’s lifecycle. It offers well construction, subsea well access, well flow management, and well intervention applications. The company was founded on October 1, 2021 and is headquartered in Houston, TX.

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Earnings History and Estimates for Expro Group (NYSE:XPRO)

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