Viking (VIK) to Release Earnings on Thursday

Viking (NYSE:VIK) is scheduled to issue its quarterly earnings data before the market opens on Thursday, August 22nd. Analysts expect the company to announce earnings of $0.69 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Viking (NYSE:VIK) last issued its earnings results on Wednesday, May 29th. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.46) by $0.43. The business had revenue of $718.16 million for the quarter, compared to analyst estimates of $705.70 million. On average, analysts expect Viking to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Viking Stock Up 1.2 %

Shares of NYSE:VIK opened at $35.92 on Wednesday. Viking has a fifty-two week low of $25.71 and a fifty-two week high of $37.25. The firm’s 50-day simple moving average is $33.77.

Analysts Set New Price Targets

Several equities analysts have recently commented on VIK shares. Truist Financial assumed coverage on Viking in a report on Friday, June 21st. They set a “hold” rating and a $38.00 target price for the company. JPMorgan Chase & Co. started coverage on Viking in a research report on Tuesday, May 28th. They issued an “overweight” rating and a $34.00 target price on the stock. Barclays assumed coverage on shares of Viking in a report on Tuesday, July 2nd. They set an “overweight” rating and a $39.00 price target for the company. Melius Research assumed coverage on shares of Viking in a report on Wednesday, May 22nd. They issued a “buy” rating and a $37.00 price objective on the stock. Finally, Stifel Nicolaus began coverage on shares of Viking in a research note on Tuesday, May 28th. They set a “buy” rating and a $37.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $36.00.

About Viking

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.