Emerald (EEX) to Release Earnings on Wednesday

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

Emerald (NYSE:EEX) last posted 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. The company had revenue of $86.00 million during the quarter. Emerald had a return on equity of 3.53% and a net margin of 0.25%.

Emerald Stock Up 0.4 %

Emerald stock opened at $4.62 on Monday. The business has a fifty day moving average of $4.92 and a two-hundred day moving average of $5.46. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.98. The firm has a market cap of $942.16 million, a P/E ratio of -9.43 and a beta of 1.36. Emerald has a twelve month low of $4.00 and a twelve month high of $7.05.

Emerald Announces Dividend

The business also recently announced a — dividend, which was paid on Thursday, August 29th. Shareholders of record on Monday, August 19th were issued a dividend of $0.015 per share. The ex-dividend date of this dividend was Monday, August 19th. Emerald’s dividend payout ratio is currently -12.24%.

Wall Street Analysts Forecast Growth

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

Emerald Company Profile

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.