eXp World (EXPI) Expected to Announce Quarterly Earnings on Thursday

eXp World (NASDAQ:EXPI) will likely be announcing its earnings results after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $1.03 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

eXp World Trading Down 2.2 %

EXPI stock opened at $10.53 on Thursday. The firm’s 50-day moving average price is $11.70 and its two-hundred day moving average price is $12.68. eXp World has a 12-month low of $8.91 and a 12-month high of $15.39. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of -47.86 and a beta of 2.29.

Insider Buying and Selling at eXp World

In other eXp World news, CAO Jian Cheng sold 18,750 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $13.81, for a total value of $258,937.50. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Glenn Darrel Sanford sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $14.41, for a total transaction of $720,500.00. Following the completion of the transaction, the chief executive officer now owns 40,389,080 shares in the company, valued at approximately $582,006,642.80. This represents a 0.12 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 455,261 shares of company stock worth $5,705,498. 35.70% of the stock is currently owned by company insiders.

eXp World Company Profile

eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company operates through North American Realty, International Realty, Virbela, and Other Affiliated Services segments. It provides Virbela, a cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees.