eXp World Holdings Reports Q2 GAAP EPS Miss

Trending News 🌧️

This miss is likely to have a negative impact on eXp World Holdings’ ($NASDAQ:EXPI) market value and earnings in the long term.

Market Reaction

Media coverage of the news release was mostly mixed. The stock opened at $15.2 and closed at $15.5.

VI Analysis

As a company’s fundamentals reflect its long-term potential, the analysis of EXP World Holdings is made simple by VI app. The fair value of its share is around $36.2, calculated by VI Line. Now, the stock is traded at $15.5, undervalued by 57%.

Summary

This is a mixed news report as the company missed on the EPS estimate but came in above revenue estimates. Investors may want to consider EXP as a long-term investment as the company has shown strong revenue growth in recent years.

However, the stock is down following this mixed news report and may be a riskier investment in the short-term.