NASDAQ$EXPO
Exponent Inc. · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Exponent delivered solid results with year-over-year growth in revenue, EBITDA, and diluted EPS.
Exponent reported a 9.3% increase in total revenues to $127.2 million and a 6.2% increase in revenues before reimbursements to $115.1 million for the third quarter of 2022. Net income decreased slightly to $24.4 million, or $0.47 per diluted share. The company's business model demonstrated resilience, driven by strong demand for services and proactive engagements in consumer products and transportation.
- Total revenues increased by 9.3% to $127.2 million compared to the third quarter of 2021.
- Revenues before reimbursements increased by 6.2% to $115.1 million compared to the third quarter of 2021.
- Net income decreased slightly to $24.4 million, or $0.47 per diluted share.
- EBITDA increased to $34.6 million, representing 30.0% of revenues before reimbursements.
Headline financials
Revenue & EPS history
Exponent · Revenue · Quarterly
$127M
Revenue by segment
Exponent · $115M total across 2 segments · Q3 2022
- Engineering & Other Scientific$96.7M+7.3%84.0%
- Environmental & Health$18.4M-0.2%16.0%
Forward guidance
Exponent anticipates narrowing revenue guidance and improving margin guidance for the full year 2022.
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 Q3 2022
+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
| Quarter | Report date | Reaction (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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