XPEL Shares Gain After Improved Q3 Results; Q4 Revenue Outlook Set

MT Newswires Live11-07

XPEL (XPEL) shares were over 1% higher in recent Thursday trading after the company reported Q3 results that increased year-over-year.

The company reported Q3 earnings of $0.54 per diluted share, up from $0.49 a year earlier.

Two analysts polled by Capital IQ expected $0.54.

Revenue for the quarter ended Sept. 30 rose to $112.9 million from $102.7 million a year earlier.

Two analysts surveyed by Capital IQ expected $113.1 million.

For Q4, the company expects revenue of $105 million to $107 million.

Two analysts polled by Capital IQ expect $115.9 million.

Price: 42.46, Change: +0.70, Percent Change: +1.68

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