Expro Group (NYSE:XPRO) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Key Points

• Expro Group (NYSE:XPRO) reported a quarterly EPS of $0.16, missing analysts' consensus estimates of $0.27 by $0.11.
• The company has updated its FY 2025 guidance, but additional details were not disclosed in the earnings report.
• Institutional investors own 92.07% of Expro Group's stock, with several large firms increasing their stakes significantly in recent months.

Expro Group (NYSE:XPRO - Get Free Report) announced its earnings results on Tuesday. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.12 by $0.04, Zacks reports. The company had revenue of $422.74 million for the quarter, compared to analysts' expectations of $408.04 million. Expro Group had a return on equity of 6.46% and a net margin of 4.26%. Expro Group updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Expro Group Trading Down 8.5%

XPRO stock traded down $1.01 during midday trading on Wednesday, reaching $10.88. The stock had a trading volume of 3,925,430 shares, compared to its average volume of 1,151,653. The business has a fifty day simple moving average of $8.94 and a two-hundred day simple moving average of $10.05. The company has a quick ratio of 1.74, a current ratio of 2.11 and a debt-to-equity ratio of 0.09. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 17.84 and a beta of 1.17. Expro Group has a twelve month low of $6.70 and a twelve month high of $23.33.

Hedge Funds Weigh In On Expro Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Expro Group by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,285 shares of the company's stock worth $559,000 after buying an additional 2,463 shares during the last quarter. Strs Ohio bought a new position in Expro Group during the first quarter worth about $104,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Expro Group by 17.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 282,788 shares of the company's stock worth $2,811,000 after buying an additional 42,203 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Expro Group by 47.3% during the first quarter. AQR Capital Management LLC now owns 161,099 shares of the company's stock worth $1,601,000 after buying an additional 51,727 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Expro Group by 47.8% during the first quarter. Goldman Sachs Group Inc. now owns 903,612 shares of the company's stock worth $8,982,000 after buying an additional 292,198 shares during the last quarter. Institutional investors own 92.07% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on XPRO. Pickering Energy Partners began coverage on Expro Group in a report on Monday. They set an "outperform" rating on the stock. Piper Sandler assumed coverage on Expro Group in a report on Tuesday, July 15th. They set a "neutral" rating and a $10.00 target price on the stock. Barclays decreased their price target on Expro Group from $14.00 to $12.00 and set an "overweight" rating on the stock in a report on Wednesday, May 7th. The Goldman Sachs Group lowered their price objective on Expro Group from $17.00 to $12.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. Finally, Wells Fargo & Company assumed coverage on Expro Group in a research report on Tuesday, May 27th. They issued an "overweight" rating and a $12.00 price objective for the company. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $11.50.

About Expro Group

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity solutions.