eXp World Holdings, Inc. (NASDAQ:EXPI) shareholders are probably feeling a little disappointed, since its shares fell 8.9% to US$12.84 in the week after its latest quarterly results. Revenues of US$1.3b were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at US$0.08, missing estimates by 3.0%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

View our latest analysis for eXp World Holdings

Taking into account the latest results, the current consensus from eXp World Holdings' four analysts is for revenues of US$4.58b in 2024. This would reflect an okay 3.3% increase on its revenue over the past 12 months. Per-share statutory losses are expected to explode, reaching US$0.05 per share. In the lead-up to this report, the analysts had been modelling revenues of US$4.57b and break-even in 2024. The analysts seem to have become more bearish following the latest results. While there were no changes to revenue forecasts, there was a EPS estimates.

The consensus price target held steady at US$12.38, seemingly implying that the higher forecast losses are not expected to have a long term impact on the company's valuation. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic eXp World Holdings analyst has a price target of US$13.00 per share, while the most pessimistic values it at US$11.75. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting eXp World Holdings is an easy business to forecast or the the analysts are all using similar assumptions.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that eXp World Holdings' revenue growth is expected to slow, with the forecast 6.6% annualised growth rate until the end of 2024 being well below the historical 30% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 11% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than eXp World Holdings.