Viad Corp expected to post a loss of $1.07 a share - Earnings Preview

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01/05/2024 24:32

* Viad Corp  VVI.N   VVI  is expected to show a rise in
quarterly
revenue when it reports  results on May 2 for the period ending
March 31 2024
    * The Scottsdale Arizona-based  company is expected to
report a
3.3% increase in revenue to $269.516 million from $260.79
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on February
8 2024, for the period ended March 31, was for revenue between
$260.00 million and $284.00 million.
    * ​LSEG's mean analyst estimate for Viad Corp is for a loss
of
$1.07 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Viad Corp
is
$50.00​, above​ its last closing price of $34.48. ​​​

The company's guidance on February 8 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 260 million and 7.5 million
(USD).The company's guidance on February 8 2024 for the period
ended March 31 was for Capital Expenditures between USD25
million and USD30 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.76       -0.76      -0.79     Missed  -3.9
 Sep. 30 2023  1.27        1.27       1.49      Beat    17.3
 Jun. 30 2023  0.32        0.32       0.36      Beat    12.5​
 Mar. 31 2023  -1.35       -1.34      -1.15     Beat    14.2
 ​​Dec.        -1.09       -1.08      -1.33     Missed  -22.6
 31 2022                                                
 Sep. 30 2022  2.26        2.19       1.48      Missed  -32.3​
 Jun. 30 2022  0.16        0.18       0.74      Beat    322.9
 Mar. 31 2022  -1.16       -1.18      -1.42     Missed  -20.3
 This summary was machine generated April 30 at 23:32 GMT.  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)