Emerald Holding Inc EEX.N reported a quarterly adjusted loss of 1 cent per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of two analysts for the quarter was for breakeven results per share.
Revenue rose 22.7% to $105.50 million from a year ago; analysts expected $100.20 million.
Emerald Holding Inc's reported EPS for the quarter was a loss of 1 cent.
The company reported a quarterly loss of $1.4 million.
Emerald Holding Inc shares had risen by 0.2% this quarter and gained 0.8% so far this year.
FORECAST CHANGES
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 $7.90, about 38.5% above its last closing price of $4.86
This summary was machine generated from LSEG data August 4 at 01:31 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)