NASDAQ$EXPI

eXp World Holdings Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Revenue increased and agent satisfaction improved.

eXp World Holdings reported a 5% increase in revenue to $1,295 million and a rise in global agent Net Promoter Score to 76. The company delivered a solid second quarter with agents closing $52 billion of transactions, a 7% year-over-year increase.

  • Revenue increased 5% year-over-year to $1,295 million.
  • Net income from continuing operations was $11.8 million, compared to $11.4 million in the second quarter of 2023.
  • Transaction volume increased 7% year-over-year to $51.9 billion.
  • Global agent Net Promoter Score increased to 76 from 72 a year ago.

Headline financials

Total Revenue

$1.3B

Previous: $1.23B+5.1%
EPS (adj)

$0.08

Previous: $0.06+33.3%
Capital Expenditures

-$2.77M

Previous: -$3.43M+19.3%
Free Cash Flow

$9.61M

Previous: $5.99M+60.5%
Net Income

$12.4M

Previous: $9.42M+31.4%
Operating Income

$18.5M

Previous: $11.1M+67.0%
Gross Profit

$1.29B

Previous: -$2.47M+52502.2%
Cash & Equivalents

$108M

Previous: $125M-13.1%
Total Assets

$457M

Previous: $483M-5.3%
R&D Expense

$14.8M

No prior period

Revenue & EPS history

eXp World · Revenue · Quarterly

$1.3B

Q2 2024+5.1%vs Q2 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

Company expects to drive superior growth and greater value for shareholders over the long term.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+1.3%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+3.2%

Avg return

30 days after

43%

19 / 44 earnings

Positive

+42.1%

Q2 2021

Best reaction

-14.0%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-8.9%-28.0%-28.8%
Q4 2025-2.7%-7.9%-19.8%
Q3 2025+11.2%+11.3%+12.8%
Q1 2025-14.0%-9.8%+1.8%
Q4 2024-9.5%-7.8%-12.2%
Q3 2024-2.5%+1.1%-7.6%
Q2 2024-9.6%-10.8%-17.2%
Q1 2024+13.0%+20.2%+12.6%
Q4 2023-1.4%+11.0%-11.8%
Q3 2023+7.0%+2.2%-2.1%
Q2 2023+0.1%+2.2%-21.3%
Q1 2023+11.1%+13.2%+33.2%
Q4 2022-6.5%-2.0%-3.2%
Q3 2022-13.7%-15.6%-1.6%
Q2 2022-4.6%+7.2%-20.7%
Q1 2022+2.2%-8.2%-2.8%
Q4 2021+11.9%+12.5%-8.1%
Q3 2021-11.1%-12.3%-33.1%
Q2 2021+42.1%+52.9%+41.8%
Q1 2021-8.5%-13.0%+9.9%
Q4 2020+14.3%-32.7%-30.9%
Q3 2020-13.6%-7.7%+22.7%
Q2 2020+16.0%+28.4%+69.2%
Q1 2020+2.7%+1.5%+36.4%
Q4 2019+18.8%+10.6%-4.0%
Q3 2019+0.0%+4.6%+22.8%
Q2 2019-9.8%-6.1%-17.0%
Q1 2019-1.3%-4.9%+0.3%
Q4 2018+6.2%+5.1%-3.1%
Q3 2018-5.1%-0.8%-19.3%
Q2 2018-6.0%-6.9%+0.1%
Q4 2017+9.6%+16.5%+46.5%
Q1 2018+9.6%+16.5%+46.5%
Q3 2017+0.0%-1.7%+24.0%
Q2 2017+2.4%+3.2%-11.8%
Q1 2017+0.0%-1.4%-15.6%
Q4 2016-1.1%+0.8%-3.3%
Q3 2016-1.8%+3.7%+0.2%
Q2 2016-1.4%-3.4%+41.2%
Q1 2016+5.5%
Q4 2015+10.6%
Q3 2015-6.8%
Q2 2015+1.2%
Q4 2014+0.0%

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