Xpel Inc (XPEL)

XPEL Inc Stock (XPEL) dropped by 8.82% from $50.02 to $45.61 in the trading on Wednesday November 08, 2023. The reason why XPEL stock down today is due to the worse-than-expected Q3 financial results.

• Adjusted earnings of 56 cents​​ per share for the quarter ended in September, higher than the same quarter last year EPS of 48 cents. The expectation for earnings was of 62 cents per share. Wall Street expected results to range from 56 cents to 69 cents per share.
• Revenue rose 14.4% to $102.68 million from a year ago; however, analysts expected $104.70 million.

XPEL Inc Stock (XPEL) dropped by 13.5% from $77.24 to $66.81 in the trading on Tuesday February 28, 2023. The reason why XPEL stock down today is due to the missed fourth-quarter FY22.

• Sales growth of 11.9% year-on-year to $78.5 million, missing the consensus of $84.1 million. The revenue was negatively impacted by approximately $3.5 million resulting from the cancellation of some China orders due to uncertainty created by the change in COVID policies and China's reopening.
• EPS of $0.30 missed the consensus of $0.44. Gross margin for the quarter expanded 440 basis points to 39.6%. EBITDA margin was 16.8%, up by 260 basic points.