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Expro Group Holdings (XPRO)
NYSE:XPRO
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.23Last Year’s EPS
0.13Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: 18.66%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
Expro's earnings call reflected a mix of strong first quarter performance and new contract awards, but also highlighted significant market uncertainties due to tariffs and geopolitical factors. While long-term prospects remain positive, near-term challenges such as market volatility and potential project delays contribute to a cautious outlook for 2025.Company Guidance
During Expro's Q1 2025 earnings call, the company provided detailed guidance for the upcoming quarters and the full fiscal year. Expro reported revenue of $391 million and an adjusted EBITDA of $76 million, continuing a trend of margin improvement. The company secured $272 million in new contract awards, with a backlog of approximately $2.2 billion at quarter-end. For Q2 2025, Expro anticipates low to mid-single-digit sequential revenue growth and modest EBITDA margin expansion, with full-year revenue expected to be flat compared to 2024, but with stable or modestly improved margins. The guidance reflects a cautious outlook due to macroeconomic uncertainties, including global trade tensions and potential tariff impacts, but underscores Expro's resilience owing to its international and offshore market exposure. The company also highlighted its strategic focus on operational efficiency, cost control, and leveraging its zero net debt balance sheet for financial flexibility.Record First Quarter Performance
Expro's Q1 2025 revenue was $391 million with an adjusted EBITDA of $76 million or 20% of revenue, marking the highest first quarter performance in adjusted EBITDA and margin since the merger with Frank in October 2021.
Strong Contract Awards
Expro secured $272 million in new contract awards in the first quarter across various regions including the U.S., Brazil, and Indonesia, contributing to a healthy backlog of approximately $2.2 billion.
MENA Region Performance
The Middle East and North Africa (MENA) region delivered another excellent quarter with Q1 revenue of $94 million and an EBITDA margin of 37%, driven by higher well intervention integrity revenue in Qatar and higher production solutions revenue in Algeria.
Successful Cost Optimization
Expro's Drive 25 efficiency campaign identified over $30 million in run rate support cost savings, aiming to reduce support costs to around 19% of revenue.
Positive Long-term Outlook
Despite short-term uncertainties, Expro remains bullish on long-term demand for oil and gas, with expectations of a transition year in 2025 leading to a healthy level of sanctioning activity in 2026 and beyond.
XPRO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
XPRO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | $8.04 | $8.27 | +2.86% |
Feb 25, 2025 | $13.02 | $12.97 | -0.38% |
Oct 24, 2024 | $15.35 | $14.00 | -8.79% |
Jul 25, 2024 | $23.57 | $23.84 | +1.15% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Expro Group Holdings (XPRO) report earnings?
Expro Group Holdings (XPRO) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Expro Group Holdings (XPRO) earnings time?
Expro Group Holdings (XPRO) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is XPRO EPS forecast?
XPRO EPS forecast for the fiscal quarter 2025 (Q2) is 0.23.