Exponent Projected for 10.6% Earnings Growth, Consensus Up 1.8%
Exponent, Inc. is projected to deliver 10.6% earnings growth this year with its Zacks Consensus Estimate rising 1.8% over the past 60 days. The company holds a Zacks Rank #2 and is highlighted among four services sector stocks positioned to benefit from a rebound in U.S. non-manufacturing activity.
1. Exponent Highlighted as Top Services Stock
Exponent was listed among four services sector stocks in an analyst blog highlighting companies poised to benefit from the U.S. non-manufacturing sector rebound.
2. 10.6% Expected Earnings Growth
For the current year, Exponent’s earnings per share are projected to increase by 10.6%, while its Zacks Consensus Estimate has risen by 1.8% over the past 60 days.
3. Zacks Rank Indicates Moderate Buy
Exponent holds a Zacks Rank #2, signaling a buy recommendation based on the firm’s proprietary equity research model and relative upside potential.
4. Services Sector Expansion
The ISM Services PMI climbed to 56.1 in February, its highest reading since July 2022, underpinning stronger demand for technical consulting and analysis services provided by Exponent.