Emerald Holding Inc reports results for the quarter ended in January 1 - Earnings Summary

Emerald Holding

30/10/2024 15:14

* Emerald Holding Inc  EEX.N  reported a quarterly adjusted
loss
of 2 cents​​ per share for the quarter ended January 1, lower
than the same quarter last year, when the company reported
breakeven earnings per share.  The mean expectation of
two analysts for the quarter was for a loss of 4 cents per
share. Wall Street expected results to range from -5 cents to -3
cents per share.
    * Revenue rose 0.1% to $72.60 million from a year ago;
analysts
expected $79.70 million. 
    * Emerald Holding Inc's reported EPS for the quarter was a
loss
of 5 cents​.
    * The company reported a quarterly loss of $11.1 million.
    * Emerald Holding Inc shares had fallen by 6.6% this
quarter and
lost 22.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 74.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for Emerald Holding
Inc is 9.10 
This summary was machine generated from LSEG data October 30 at
03:13 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024                     -0.02          
 Jun. 30 2024      -0.16          -0.03          Beat
 Mar. 31 2024      0.01           0.00           Missed
 Dec. 31 2023      0.06           -0.46          Missed