earnings
confidence high
sentiment positive
materiality 0.65
Exponent Q3 net income up 6% to $0.50 EPS; revenue flat; raises FY EBITDA margin guidance
EXPONENT INC
2024-Q3 EPS reported
$1.66
revenue$421,748,000
- Q3 revenues before reimbursements $125.1M (flat YoY); net income $26.0M (+6%, $0.50 diluted EPS vs $0.48).
- EBITDA margin 28.6% (+100bps); utilization 75% in first nine months.
- Engineering segment flat; environmental/health down 6% on chemical/life sciences headwinds.
- FY2024 rev growth guided low-to-mid single digits; EBITDA margin raised to 27.9%-28.1%.
- Dividend $0.28/share, payable Dec 20, record Dec 6 (unchanged from prior quarter).