Expro Group Holdings (XPRO) Q1 Earnings and Revenues Beat Estimates

Core Viewpoint - Expro Group Holdings (XPRO) reported quarterly earnings of $0.25 per share, significantly exceeding the Zacks Consensus Estimate of $0.10 per share, marking a 150% earnings surprise [1] - The company also posted revenues of $390.87 million for the quarter, surpassing the Zacks Consensus Estimate by 4.74% and showing an increase from $383.49 million year-over-year [2] Financial Performance - The earnings of $0.25 per share represent an increase from $0.09 per share a year ago [1] - Over the last four quarters, Expro Group Holdings has surpassed consensus EPS estimates two times and topped revenue estimates three times [2] - The current consensus EPS estimate for the upcoming quarter is $0.27, with projected revenues of $437.42 million, and for the current fiscal year, the EPS estimate is $1 on revenues of $1.72 billion [7] Market Position - Expro Group Holdings shares have declined approximately 35.5% since the beginning of the year, contrasting with the S&P 500's decline of 5.5% [3] - The Zacks Industry Rank for Oil and Gas - Production and Pipelines is currently in the top 15% of over 250 Zacks industries, indicating a favorable industry outlook [8] Future Outlook - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The estimate revisions trend for Expro Group Holdings is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]