Viad Corp expected to post earnings of $1.94 a share - Earnings Preview

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06/11/2024 04:41

* Viad Corp  VVI.N   VVI  is expected to show a rise in
quarterly
revenue when it reports  results on November 7 for the period
ending September 30 2024
    * The Scottsdale Arizona-based  company is expected to
report a
19.1% increase in revenue to $435.711 million from $365.9
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on August 6
2024, for the period ended September 30, was for revenue between
$418.00 million and $463.00 million.
    * ​LSEG's mean analyst estimate for Viad Corp is for
earnings of
$1.94 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
$42.00​, above​ its last closing price of $39.48. ​​​

The company's guidance on August 6 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD418 million and
USD105 million.The company's guidance on August 6 2024 for the
period ended September 30 was for Capital Expenditures between
USD14 million and USD19 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  
 Jun. 30 2024  0.83        0.82       0.97      Beat    17.9
 Jan. 1 2024   -1.11       -1.07      -1.13     Missed  -5.6
 Dec. 31 2023  -0.76       -0.76      -0.79     Missed  -3.9​
 Sep. 30 2023  1.27        1.27       1.49      Beat    17.3
 ​​Jan.        0.32        0.32       0.36      Beat    12.5
 1 0001                                                 
 Mar. 31 2023  -1.35       -1.34      -1.15     Beat    14.2​
 Jan. 1 0001   -1.09       -1.08      -1.33     Missed  -22.6
 Sep. 30 2022  2.26        2.19       1.48      Missed  -32.3
 This summary was machine generated November 6 at 04:41 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)