Emerald (EEX) Set to Announce Earnings on Wednesday

Emerald (NYSE:EEX) is set to issue its quarterly earnings data before the market opens on Wednesday, October 30th. Emerald has set its FY 2024 guidance at EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Emerald (NYSE:EEX) last released its earnings results on Wednesday, August 7th. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.13. Emerald had a net margin of 0.25% and a return on equity of 3.53%. The firm had revenue of $86.00 million during the quarter.

Emerald Stock Up 0.6 %

EEX stock opened at $4.65 on Tuesday. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.34 and a quick ratio of 1.34. The company has a 50-day moving average of $4.91 and a two-hundred day moving average of $5.45. The stock has a market capitalization of $947.84 million, a price-to-earnings ratio of -6.20 and a beta of 1.36. Emerald has a 52-week low of $4.00 and a 52-week high of $7.05.

Emerald Dividend Announcement

The firm also recently announced a — dividend, which was paid on Thursday, August 29th. Investors of record on Monday, August 19th were paid a dividend of $0.015 per share. The ex-dividend date was Monday, August 19th. Emerald’s payout ratio is -40.00%.

Wall Street Analyst Weigh In

Separately, Rosenblatt Securities reiterated a “buy” rating and set a $8.40 price target on shares of Emerald in a report on Friday.

About Emerald

Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.