earnings
confidence high
sentiment neutral
materiality 0.80
eXp World Holdings Q3 net loss $6.5M on $1.2B revenue; declares $0.05 dividend; agrees to $34M antitrust settlement
eXp World Holdings, Inc.
2024-Q3 EPS reported
-$0.08
revenue$3,469,485,000
- Revenue $1.2B (+2% YoY); net loss ($6.5M) vs income $2.3M; includes $18M litigation provision.
- Adjusted EBITDA $23.9M (+15%); adjusted net income $7.8M ($0.05/share) vs $2.3M ($0.01).
- Agent count 85,249 (-4% YoY); transaction volume $50.8B (+5%); agent NPS improved to 76.
- Declared Q4 dividend $0.05/share payable Dec 2 (record Nov 18); repurchased $35M stock in Q3.
- Agreed to $34M settlement for antitrust class actions, subject to court approval; added several high-volume agent teams.