NYSE:XPROEnergy Services
Expro (XPRO) Stock Richly Priced As Thin Margins Squeeze Earnings
Expro stock slipped about 1.6% to US$15.42 into the close, which looks mild given how much the earnings story hinges on one issue. The real headline is margin pressure. Quarterly revenue sat at US$393.2m, yet trailing net profit margin is only 1.3% and is still feeling the weight of a US$27.6m one off loss in the last 12 months.
For short term traders, that thin profitability can look uncomfortable. For longer term investors it raises a sharper question about how much they are paying for...