Expro Group (NYSE:XPRO) Posts Earnings Results, Misses Expectations By $0.02 EPS

Expro Group (NYSE:XPRO) posted its earnings results on Tuesday. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02), Briefing.com reports. Expro Group had a return on equity of 3.27% and a net margin of 1.33%.The firm had revenue of $393.18 million during the quarter, compared to analysts’ expectations of $387.36 million. During the same quarter in the prior year, the firm posted $0.30 earnings per share. Expro Group’s quarterly revenue was down 7.0% on a year-over-year basis.

Here are the key takeaways from Expro Group’s conference call:

• Q2 performance improved sequentially: Revenue rose to $393 million, adjusted EBITDA reached $76 million with a 19% margin, and adjusted free cash flow increased to $56 million, although results were constrained by Middle East disruptions.
• Expro completed its acquisition of Enhanced Drilling, adding controlled mud level drilling technology that management expects can reduce well costs, lower operational risk, and create international cross-selling opportunities.
• The company’s 2026 outlook assumes the Middle East conflict continues through year-end, with prolonged disruption, delayed activity recovery, and lower-than-expected Coretrax contributions—some activity may shift into 2027.
• Management expects a substantial second-half improvement, forecasting adjusted EBITDA margins above 24% and fourth-quarter margins above 26%, driven by regional project growth, Enhanced Drilling’s contribution, and operating leverage.
• Expro expects to realize more than $40 million of annual structural savings from its Drive25 program and remains focused on reducing capital intensity and improving working-capital efficiency; it also repurchased approximately 2.5 million shares for $40 million in the first half.

Expro Group Trading Up 1.7%

NYSE XPRO traded up $0.25 during trading hours on Thursday, hitting $14.88. 83,053 shares of the company were exchanged, compared to its average volume of 1,155,305. The stock has a 50-day moving average price of $15.26 and a 200 day moving average price of $16.15. The company has a quick ratio of 1.76, a current ratio of 2.13 and a debt-to-equity ratio of 0.06. Expro Group has a 52 week low of $9.81 and a 52 week high of $18.73. The stock has a market cap of $1.69 billion, a PE ratio of 82.75 and a beta of 0.90.

Analysts Set New Price Targets

XPRO has been the topic of a number of research reports. Piper Sandler lifted their price objective on Expro Group from $13.00 to $16.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 15th. The Goldman Sachs Group set a $19.00 target price on Expro Group in a research report on Thursday, June 4th. KeyCorp raised shares of Expro Group to a “neutral” rating in a report on Thursday, June 4th. Weiss Ratings cut shares of Expro Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, June 23rd. Finally, Zacks Research raised shares of Expro Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $18.33.

Insider Transactions at Expro Group

In other news, Director Eileen Goss Whelley sold 6,168 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $15.14, for a total value of $93,383.52. Following the completion of the sale, the director directly owned 47,648 shares of the company’s stock, valued at $721,390.72. This trade represents a 11.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.80% of the stock is currently owned by company insiders.

Institutional Trading of Expro Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Global Retirement Partners LLC bought a new stake in Expro Group in the fourth quarter worth $51,000. Quadrant Capital Group LLC raised its stake in shares of Expro Group by 2,978.9% in the fourth quarter. Quadrant Capital Group LLC now owns 3,941 shares of the company’s stock valued at $53,000 after acquiring an additional 3,813 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in shares of Expro Group in the 4th quarter worth about $69,000. Tower Research Capital LLC TRC lifted its holdings in shares of Expro Group by 594.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 11,942 shares of the company’s stock worth $103,000 after acquiring an additional 10,223 shares during the last quarter. Finally, Strs Ohio purchased a new position in shares of Expro Group during the 1st quarter worth about $104,000. Hedge funds and other institutional investors own 92.07% of the company’s stock.

Expro Group Company Profile

Expro Group plc is a global energy services company that specializes in well flow management and well testing solutions for the oil and gas industry. The company’s core offerings include wellhead and pressure control systems, downhole well construction tools, subsea intervention services, and integrated tubular running services. These capabilities enable exploration and production companies to optimize well performance, enhance safety and mitigate operational risk throughout the drilling, completion and intervention phases of the well life cycle.

Founded in 1973, Expro has grown both organically and through targeted acquisitions to establish a presence in more than 30 countries.