Expro Group (NYSE:XPRO) Issues Earnings Results

Expro Group (NYSE:XPRO) issued its quarterly earnings results on Tuesday. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.02), Briefing.com reports. Expro Group had a net margin of 2.32% and a return on equity of 3.91%. The business had revenue of $393.18 million during the quarter, compared to analysts’ expectations of $387.36 million. During the same period in the prior year, the business earned $0.30 EPS. The business’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 Price Performance

Shares of NYSE XPRO opened at $15.29 on Wednesday. The stock’s 50-day simple moving average is $15.30 and its 200-day simple moving average is $16.15. The firm has a market capitalization of $1.73 billion, a PE ratio of 47.77 and a beta of 0.90. Expro Group has a fifty-two week low of $9.81 and a fifty-two week high of $18.73. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.76 and a current ratio of 2.13.

Trending Headlines about Expro Group

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

• Positive Sentiment: Second-quarter revenue was $393 million, above the $387.4 million analyst consensus. Expro also issued full-year 2026 revenue guidance of approximately $1.7 billion, ahead of the roughly $1.6 billion consensus estimate. Expro Misses Earnings Estimates but Issues Stronger Revenue Outlook
• Positive Sentiment: Operating metrics were solid: adjusted EBITDA was $76 million with a 19.3% margin, operating cash flow was $81 million, and adjusted free cash flow reached $56 million. The company also repurchased approximately $20 million of stock, or 1.3 million shares, potentially supporting per-share value. Expro Announces Second Quarter 2026 Results
• Neutral Sentiment: Reported EPS was $0.15. This exceeded the $0.13 estimate cited by Zacks but fell short of the broader $0.17 consensus, highlighting differing analyst benchmarks. Expro Group Holdings Q2 Earnings and Revenues Surpass Estimates
• Negative Sentiment: Revenue declined 7% year over year, while EPS dropped from $0.30 to $0.15. Net income was only $2 million, and the company’s 2.32% net margin remains thin. These results may weigh on the stock, particularly given its elevated valuation and the reported miss against the wider EPS consensus. Expro Group Holdings Q2 Earnings Snapshot

Wall Street Analysts Forecast Growth

XPRO has been the topic of a number of analyst reports. Freedom Capital raised Expro Group from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. KeyCorp raised Expro Group to a “neutral” rating in a research report on Thursday, June 4th. Weiss Ratings cut shares of Expro Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, June 23rd. The Goldman Sachs Group set a $19.00 price target on shares of Expro Group in a research note on Thursday, June 4th. Finally, Piper Sandler increased their price objective on shares of Expro Group from $13.00 to $16.00 and gave the company an “underweight” rating in a research report on Wednesday, April 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 given a Sell rating to the company’s stock. According to MarketBeat.com, Expro Group currently has an average rating of “Hold” and a consensus price target of $18.33.

Insiders Place Their Bets

In other news, Director Eileen Goss Whelley sold 6,168 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $15.14, for a total transaction of $93,383.52. Following the completion of the sale, the director owned 47,648 shares in the company, valued at approximately $721,390.72. The trade was a 11.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Expro Group

Several large investors have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD increased its holdings in shares of Expro Group by 20.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 11,030,884 shares of the company’s stock valued at $147,264,000 after acquiring an additional 1,878,245 shares during the period. Dimensional Fund Advisors LP grew its position in Expro Group by 8.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,383,833 shares of the company’s stock worth $71,876,000 after purchasing an additional 432,477 shares during the last quarter. Qube Research & Technologies Ltd increased its stake in Expro Group by 35.3% in the second quarter. Qube Research & Technologies Ltd now owns 1,553,748 shares of the company’s stock valued at $13,347,000 after purchasing an additional 405,168 shares during the period. Boston Partners boosted its stake in shares of Expro Group by 6.9% during the third quarter. Boston Partners now owns 1,435,293 shares of the company’s stock worth $17,054,000 after buying an additional 92,888 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Expro Group by 70.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,251,514 shares of the company’s stock worth $16,708,000 after buying an additional 518,210 shares during the last quarter. Institutional investors and hedge funds 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.