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

Emerald Holding

07/05/2024 14:52

* Emerald Holding Inc  EEX.N  reported quarterly breakeven
results​​ per share for the quarter ended in January, higher
than the same quarter last year, when the company reported EPS
of -4 cents.  The mean expectation of two analysts for the
quarter was for earnings of one cent per share. Wall Street
expected results to range from zero cents to 2 cents per share.
    * Revenue rose 9.1% to $133.40 million from a year ago;
analysts
expected $127.15 million. 
    * Emerald Holding Inc's reported EPS for the quarter was
breakeven
results​.
    * The company reported quarterly net income of $100
thousand.
    * Emerald Holding Inc shares had fallen by 14.8% this
quarter and
lost 3.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 94.4%
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 3 "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 May 7 at 01:52
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
 Mar. 31 2024      0.01           0.00           Missed
 Dec. 31 2023      0.06           -0.46          Missed
 Sep. 30 2023      -0.32          0.00           Beat
 Jun. 30 2023      -0.30          -0.29          Beat