Expro Group Holdings (XPRO) Q3 Earnings Meet Estimates

Company Performance - Expro Group Holdings reported quarterly earnings of $0.23 per share, matching the Zacks Consensus Estimate, and showing an improvement from a loss of$0.06 per share a year ago [1] - The company achieved revenues of $422.83 million for the quarter ended September 2024, exceeding the Zacks Consensus Estimate by 0.32$369.82 million in the same quarter last year [1] - Over the last four quarters, Expro Group Holdings has surpassed consensus revenue estimates four times, but has only exceeded consensus EPS estimates once [1] Future Outlook - The stock's immediate price movement will largely depend on management's commentary during the earnings call and the sustainability of earnings expectations [2] - Current consensus EPS estimate for the upcoming quarter is $0.35 on revenues of$449.1 million, while the estimate for the current fiscal year is $0.98 on revenues of$1.72 billion [4] - The estimate revisions trend for Expro Group Holdings is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [4] Industry Context - The Oil and Gas - Production and Pipelines industry is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable environment for companies within this sector [5] - Another company in the same industry, Enbridge, is expected to report quarterly earnings of $0.39 per share, reflecting a year-over-year decline of 15.2$4.54 billion, down 38.2% from the previous year [5]