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

Emerald Holding

02/08/2023 14:33

* Emerald Holding Inc  EEX.N  reported a quarterly adjusted
loss
of 29 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 30
cents per share.
    * Revenue was $86.50 million​; analysts expected $86.70
million. 
    * Emerald Holding Inc's reported EPS for the quarter was a
loss
of 29 cents​.
    * The mean earnings estimate of analysts had fallen by
about 400%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Emerald Holding Inc shares had risen by 18.0% this
quarter and
gained 36.7% so far this year.
    * The company reported a quarterly loss of $8.1 million.
    * Wall Street's median 12-month price target for Emerald
Holding
Inc is $9.60 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.30          -0.29          Beat
 Mar. 31 2023      0.22           -0.04          Missed