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XPEL Shares Fall After Q1 Earnings, Revenue Increase
XPEL (XPEL) shares were down 2.7% in early trading on Wednesday after the company posted higher Q1 earnings and revenue.The company reported Q1 earnings Wednesday of $0.37 per diluted share, up from $0.31 a year earlier.Three analysts polled by FactSet expected $0.36.Total revenue for the quarter ended March 31 was $117.4 million, up from $103.8 million a year earlier.Three analysts polled by FactSet expected $113.1 million.The company said it expects Q2 revenue of $135 million to $137 million. Three analysts polled by FactSet expect $135.6 million.Price: $48.05, Change: $-1.32, Percent Change: -2.67%
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