eXp World Q3 Revenues Rise 6.9% to $1.32B as Q4 Growth Slows to 5.8%
eXp World delivered Q3 revenues of $1.32B, up 6.9% year-on-year, beating analysts’ revenue and adjusted operating income expectations. Q4 revenue consensus is 5.8% growth, down from 11.9% a year ago, as shares slide 15.4% over the past month against an $11.50 average analyst target.
1. Q3 Performance Highlights
eXp World reported Q3 revenues of $1.32 billion, up 6.9% year-on-year, surpassing both consensus revenue and adjusted operating income estimates following several revenue misses over the prior two years.
2. Q4 Revenue Outlook
Analysts forecast Q4 revenue growth of 5.8% year-on-year, a slowdown from the 11.9% increase achieved in the same quarter last year, with estimates largely unchanged over the past 30 days.
3. Stock Price Movement and Analyst Targets
Shares of eXp World have declined 15.4% over the past month, trading near $7.60, while the average analyst price target stands at $11.50, reflecting investor caution ahead of the Q4 report.
4. Peer Comparisons and Industry Context
Within the consumer discretionary real estate services segment, Howard Hughes Holdings saw Q4 revenues fall 36.5% but beat forecasts by 5.5%, triggering an 8.1% stock drop, while Marcus & Millichap recorded 1.6% revenue growth and a 6.3% beat, with shares rising 3.4% post-results.