Viad Corp reports results for the quarter ended September 30 - Earnings Summary

Pursuit Attractions and Hospitality

08/11/2024 16:41

* Viad Corp  VVI.N  reported quarterly adjusted earnings of
$2.01​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of $1.49.  The mean expectation of four analysts for the quarter
was for earnings of $1.94 per share. Wall Street expected
results to range from $1.82  to $2.17 per share.
    * Revenue rose 24.5% to $455.70 million from a year ago;
analysts
expected $435.71 million. 
    * Viad Corp's reported EPS for the quarter was $2.25​.
    * The company reported quarterly net income of $48.62
million.
    * Viad Corp shares had risen by 15.9% this quarter and
gained 14.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.9%
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
42.00 
This summary was machine generated from LSEG data November 8 at
04:41 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.94           2.01           Beat
 Jun. 30 2024      0.82           0.97           Beat
 Mar. 31 2024      -1.07          -1.13          Missed
 Dec. 31 2023      -0.76          -0.79          Missed