eXp World Holdings Inc is a technology-driven real estate company that operates a cloud-based platform for residential and commercial property transactions
It provides an innovative and virtual brokerage model that allows real estate agents to collaborate, manage transactions, and access a wide array of resources and training while working remotely. By integrating advanced technology with a strong emphasis on agent empowerment and community building, eXp aims to disrupt the traditional real estate industry, offering flexible and scalable solutions that enhance both agent and client experiences. The company also emphasizes a unique revenue-sharing model, promoting an entrepreneurial spirit among its agents.
Let’s dig into the relative performance of eXp World (NASDAQEXPI) and its peers as we unravel the now-completed Q3 real estate services earnings season.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at real estate services stocks, starting with Offerpad (NYSEOPAD).
Real estate technology company eXp World (NASDAQEXPI) missed Wall Street’s revenue expectations in Q3 CY2024 as sales only rose 1.4% year on year to $1.23 billion. Its GAAP profit of $0.06 per share was in line with analysts’ consensus estimates.
Real estate technology company eXp World (NASDAQEXPI)
will be announcing earnings results tomorrow after market close. Here’s what investors should know.
A lower-than-expected inflation report for May ignited a bullish frenzy on Wall Street, with investors increasing their bets on rate cuts, bolstered by growing confidence that the Federal Reserve will ease its policy stance later this year as price pressures trend
Inflation unexpectedly surges, shattering hopes for Fed rate cuts & sending stocks down. Core inflation also exceeded expectations. No sector escapes losses, with real estate hit hardest.
Discover the latest leadership shake-up at eXp World Holdings, Inc. with Leo Pareja stepping into the role of Chief Executive Officer at eXp Realty. With over two decades of real estate expertise, Pareja aims to build on eXp Realty's success in the competitive market.
