Viad Corp reports results for the quarter ended in June - Earnings Summary

Pursuit Attractions and Hospitality

07/08/2024 05:10

* Viad Corp  VVI.N  reported quarterly adjusted earnings of
97
cents​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of 36
cents.  The mean expectation of four analysts for the quarter
was for earnings of 82 cents per share. Wall Street expected
results to range from 70 cents to $1.07 per share.
    * Revenue rose 18.2% to $378.54 million from a year ago;
analysts
expected $359.28 million. 
    * Viad Corp's reported EPS for the quarter was 97 cents​.
    * The company reported quarterly net income of $29.31
million.
    * Viad Corp shares had fallen by 10.4% this quarter and
lost 15.9%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the leisure &
recreation peer group is also "buy"

Wall Street's median 12-month price target for Viad Corp is
$46.00 
This summary was machine generated from LSEG data August 7 at
04:10 a.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
 Jun. 30 2024      0.82           0.97           Beat
 Mar. 31 2024      -1.07          -1.13          Missed
 Dec. 31 2023      -0.76          -0.79          Missed
 Sep. 30 2023      1.27           1.49           Beat