Expro Group (NYSE:XPRO) Posts Quarterly Earnings Results

Expro Group (NYSE:XPRO) posted its quarterly earnings results on Tuesday. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.08), FiscalAI reports. The company had revenue of $439.94 million during the quarter, compared to the consensus estimate of $442.36 million. Expro Group had a return on equity of 2.78% and a net margin of 0.10%. Expro Group’s revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.24 earnings per share.

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

• Third-quarter results improved materially, with revenue rising 12% sequentially to $440 million, adjusted EBITDA increasing 20% to $91 million, and a 21% margin. Adjusted free cash flow reached $52 million.
• Expro raised its 2026 adjusted free cash flow guidance to $140 million-$150 million and expects more than 20% year-over-year free cash flow growth in 2027, supported by cost control, technology-driven efficiencies, and disciplined capital spending.
• Fourth-quarter adjusted EBITDA expectations were reduced by approximately $20 million as high-margin subsea work in North and Latin America was delayed by Gulf of Mexico loop currents and weather, while Colombian intervention and integrity work was also pushed out.
• Management expects the deferred projects to remain in the backlog and contribute in 2027, while maintaining a preliminary outlook for mid-teens adjusted EBITDA growth next year, including the full-year contribution from the Enhanced Drilling acquisition.
• Expro ended the quarter with $260 million of total liquidity and only $87 million of net debt, while continuing share repurchases; management said it remains committed to returning at least one-third of adjusted free cash flow to shareholders and pursuing strategically aligned M&A.

Expro Group Trading Up 3.9%

Expro Group stock opened at $13.86 on Thursday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.69 and a current ratio of 2.05. Expro Group has a fifty-two week low of $12.44 and a fifty-two week high of $19.23. The stock has a market cap of $1.56 billion, a P/E ratio of 37.06 and a beta of 0.99. The firm’s fifty day moving average price is $16.70 and its 200-day moving average price is $16.46.

Key Expro Group News

Here are the key news stories impacting Expro Group this week:

• Positive Sentiment: Management outlined 2026 adjusted free cash flow of $140 million to $150 million and signaled mid-teens EBITDA growth in 2027, offering investors a constructive outlook. Article: Expro outlines 2026 adjusted free cash flow and 2027 EBITDA growth
• Negative Sentiment: Piper Sandler lowered its price target to $15 from $16 and maintained an “underweight” rating, signaling a cautious view of XPRO despite the target being above the referenced share price. Article: Piper Sandler stock recommendations
• Negative Sentiment: Third-quarter EPS of $0.19 missed analyst estimates of $0.25–$0.27 and was down from $0.24 a year earlier. Revenue of $439.94 million also slightly missed expectations, though it increased 6.9% year over year. The earnings shortfall may pressure the stock. Article: Expro Group Q3 earnings and revenues lag estimates

Analysts Set New Price Targets

A number of analysts recently issued reports on XPRO shares. Zacks Research raised Expro Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 15th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Expro Group in a report on Tuesday, October 27th. Barclays cut Expro Group from an “overweight” rating to an “equal weight” rating and set a $14.00 price target on the stock. in a research report on Thursday. Piper Sandler decreased their price target on Expro Group from $16.00 to $15.00 and set an “underweight” rating on the stock in a research report on Wednesday. Finally, Wall Street Zen raised shares of Expro Group to a “hold” rating in a report on Saturday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Expro Group presently has an average rating of “Hold” and an average price target of $16.00.

About Expro Group

Expro Group, Inc provides energy services and technologies that support the exploration, development, and production of oil and natural gas wells. The company helps operators manage wells throughout their life cycles, from drilling and completion through production, intervention, and abandonment.

Its offerings include well construction and well management services, well flow management, subsea services, and well intervention and integrity solutions. These services are designed to improve operational efficiency, safety, well performance, and reservoir recovery in both offshore and onshore environments.

Headquartered in Houston, Texas, Expro serves energy companies across major oil and gas producing regions worldwide, including North America, the North Sea, the Middle East, Africa, Asia-Pacific, and Latin America.