Investment Management Stocks – Should You Buy Exponent Investment Management?
Exponent is an engineering and tech consulting firm, with expertise in about 90 different technical disciplines. Its consultants aren’t motivated by quotas or big sales, which allows them to focus on client needs and provide high-quality service. This business model also lets them invest in the latest technology to serve their clients better.More info:www.ex-ponent.com/
Managing customer delight while maintaining competitive pricing and profitability demands efficiency, strong controls, and consistent performance. This is especially true for highly regulated industries like investment management firms. However, even with the best systems, it can be challenging to balance these competing priorities.
In the latest earnings report, Exponent (EXPO) came in below expectations. The company posted $0.41 per share in earnings on $122.9 million in revenue, while analysts were expecting more. Revenue was up 7% year over year, led by gains in the engineering and science segment and the environmental and health sector.
From Theory to Practice: How Exponent Investment Management Achieves Results
The company was facing headwinds in the engineering and science segment due to budget constraints, as well as a tough macroeconomic climate that was affecting project spending. This isn’t likely to change anytime soon, but Exponent will need to find ways to offset the slowdown in its core businesses to continue growing its bottom line.
The company’s stock lost about 8% in the wake of the disappointing earnings report, but it’s not without its fans. Some prominent hedge fund investors have taken a bullish position on the stock, and we’re going to take a closer look at why it might be worth your time to learn more about it.