earnings
confidence high
sentiment positive
materiality 0.75
Exponent Q4 net income $20.4M ($0.38 EPS); FY net revenue up 15%, dividend raised 20% to $0.24/quarter
EXPONENT INC
2021-FY EPS reported
$1.90
revenue$466,269,000
- Q4 2021 revenues before reimbursements $104.3M (+7.2% YoY); net income $20.4M ($0.38 diluted EPS) vs $21.8M ($0.41) in Q4 2020.
- FY2021 net revenue $434.9M (+14.9%), net income $101.2M ($1.90 EPS) up from $82.6M ($1.55) in FY2020.
- EBITDA margin FY2021 30.4%, up 343 bps YoY; Q4 2021 EBITDA margin 28.9%.
- Guidance: Q1 2022 net revenue growth mid-to-high single digits; FY2022 net revenue growth same with EBITDA margin down 200-250 bps.
- Quarterly dividend raised 20% to $0.24 per share, payable March 25, 2022 to holders of record March 11, 2022.