Xpel Shares Drop After 4Q Earnings Miss Expectations

Dow Jones

02-27

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.

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Analysts polled by FactSet were looking for earnings of $11.4 million, or 41 cents a share. \n</p>\n<p>\n  Revenue for the quarter was $107.5 million, compared to last year's $105.5 million and the $107 million analysts were expecting. \n</p>\n<p>\n  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. \n</p>\n<p>\n  For the first quarter, Xpel is expecting revenue of $97 million to $99 million, compared with the $104 million analysts are expecting. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2025 13:22 ET (18:22 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XPEL","symbol_name":"XPEL Technologies Corp.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514866615","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514866615","pubTimestamp":1740594120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"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. 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Analysts polled by FactSet were looking for earnings of $11.4 million, or 41 cents a share. \n\n\n  Revenue for the quarter was $107.5 million, compared to last year's $105.5 million and the $107 million analysts were expecting. \n\n\n  The company said it had a foreign exchange loss of $1.2 million do to the strengthening of the U.S. dollar. 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