NASDAQ$EXPO

Exponent Inc. · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Exponent's first quarter results for 2024 showed revenue growth and increased earnings per share.

Exponent's first quarter results for 2024 showed revenue growth with revenues before reimbursements increasing by 6.6% to $137.2 million. Net income increased to $30.1 million, or $0.59 per diluted share.

  • Revenues before reimbursements increased by 6.6% to $137.2 million.
  • Net income increased to $30.1 million, or $0.59 per diluted share.
  • Engineering and other scientific segment revenues before reimbursements increased by 8%.
  • Environmental and health segment revenues before reimbursements increased by 1%.

Headline financials

Total Revenue

$145M

Previous: $140M+3.3%
EPS

$0.59

Previous: $0.56+5.4%
Revenues before reimbursements

$137M

No prior period
EBITDA

$40.1M

No prior period
EBITDA margin

29.2%

No prior period
Consolidated tax rate

25.4%

No prior period
EBITDAS

$47.5M

No prior period
Capital Expenditures

-$1.48M

Previous: -$5.67M+73.9%
Free Cash Flow

$28.7M

Previous: $23.5M+22.2%
Net Income

$30.1M

Previous: $29.1M+3.5%
Operating Income

$30.7M

Previous: $29.1M+5.5%
Stock-Based Comp

$7.34M

Previous: $7.06M+3.9%

Revenue & EPS history

Exponent · Revenue · Quarterly

$145M

Q1 2024+3.3%vs Q1 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Exponent · $125M total across 2 segments · Q3 2023

  • Engineering & Other Scientific
    $104M+7.3%
  • Environmental & Health
    $21.3M+15.4%

Forward guidance

Exponent anticipates strong core market dynamics and enduring value proposition.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+0.5%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+2.7%

Avg return

30 days after

52%

33 / 63 earnings

Positive

+18.1%

Q1 2024

Best reaction

-12.4%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.5%-4.0%-12.8%
Q4 2025+12.7%+1.3%+1.5%
Q3 2025+7.9%+10.2%+8.2%
Q1 2025-1.5%-3.8%-1.9%
Q4 2024+1.2%+0.8%-4.8%
Q3 2024-9.5%-8.7%-8.5%
Q2 2024+0.2%+1.7%+1.0%
Q1 2024+18.1%+14.0%+19.5%
Q4 2023-11.1%-11.2%-8.5%
Q3 2023-12.4%-11.7%-6.5%
Q2 2023-6.3%-7.1%-4.8%
Q1 2023-2.3%-3.7%-2.4%
Q4 2022+7.4%+5.5%+1.8%
Q3 2022+3.6%+7.1%+13.0%
Q2 2022+5.9%+3.1%+3.1%
Q1 2022-5.6%-9.9%-10.4%
Q4 2021-10.1%-8.4%+3.8%
Q3 2021+2.7%+2.4%+4.4%
Q2 2021+9.0%+11.5%+17.9%
Q1 2021-0.6%-1.2%-5.9%
Q4 2020+3.2%+8.8%+9.0%
Q3 2020-3.7%+0.4%+15.4%
Q2 2020+2.1%+0.3%+0.0%
Q1 2020-5.8%-7.2%+4.4%
Q3 2019-5.5%-7.3%-8.6%
Q2 2019+9.4%+10.7%+17.4%
Q1 2019-0.8%-0.2%-0.1%
Q4 2018+1.2%+3.3%+14.7%
Q3 2018+0.7%+1.7%+9.3%
Q2 2018-3.0%-0.6%+0.9%
Q1 2018+1.3%+1.1%+11.1%
Q4 2017+3.2%+1.3%+3.2%
Q3 2017-3.4%-2.4%-1.5%
Q2 2017+13.7%+11.5%+10.3%
Q1 2017+1.7%+1.6%+0.3%
Q4 2016-3.1%+0.0%+0.8%
Q3 2016+10.3%+15.5%+23.3%
Q2 2016-11.2%-11.2%-13.7%
Q1 2016-0.2%
Q4 2015+2.4%
Q3 2015+6.8%
Q2 2015-0.6%
Q1 2015+6.9%
Q4 2014+8.5%
Q3 2014+0.5%
Q2 2014+6.4%
Q1 2014-3.0%
Q4 2013+0.1%
Q3 2013+3.9%
Q2 2013-0.8%
Q1 2013+0.8%
Q4 2012-11.5%
Q3 2012+1.6%
Q2 2012-0.5%
Q1 2011-1.8%
Q1 2012+1.1%
Q4 2011+3.7%
Q1 2010+3.7%
Q3 2010-2.3%
Q3 2011-2.3%
Q2 2011-2.0%
Q4 2010-2.0%
Q2 2010-2.0%

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