Emerald (NYSE:EEX) Releases Quarterly Earnings Results, Beats Estimates By $0.13 EPS

Emerald (NYSE:EEX) announced its quarterly earnings data on Wednesday. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.13, Zacks reports. The company had revenue of $86.00 million during the quarter. Emerald updated its FY 2024 guidance to EPS.

Emerald Stock Performance

NYSE:EEX traded up $0.05 during mid-day trading on Friday, hitting $5.29. The stock had a trading volume of 53,859 shares, compared to its average volume of 103,781. Emerald has a twelve month low of $3.65 and a twelve month high of $7.05. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of -7.05 and a beta of 1.38. The company’s 50 day simple moving average is $5.69 and its 200 day simple moving average is $5.98.

Emerald Dividend Announcement

The company also recently announced a — dividend, which will be paid on Thursday, August 29th. Investors of record on Monday, August 19th will be paid a $0.015 dividend. The ex-dividend date is Monday, August 19th. Emerald’s dividend payout ratio (DPR) is currently -40.00%.

Emerald Company Profile

Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.