By Chris Wack
Xpel shares were down 14% to $34.60 after the company reported fourth-quarter earnings that missed expectations.
The company, which makes protective films and coatings, said it had quarterly earnings of $8.9 million, or 32 cents a share, compared with $12 million, or 43 cents a share, in the same quarter last year. Analysts polled by FactSet were looking for earnings of $11.4 million, or 41 cents a share.
Revenue for the quarter was $107.5 million, compared to last year's $105.5 million and the $107 million analysts were expecting.
The company said it had a foreign exchange loss of $1.2 million do to the strengthening of the U.S. dollar. The was offset be a 9.4% increase in service revenue, and a 33% increase in window film revenue.
For the first quarter, Xpel is expecting revenue of $97 million to $99 million, compared with the $104 million analysts are expecting.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
February 26, 2025 13:22 ET (18:22 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。