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

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

Emerald Price Performance

Shares of NYSE:EEX traded up $0.05 during trading on Friday, hitting $5.29. The company had a trading volume of 53,859 shares, compared to its average volume of 103,781. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of -7.09 and a beta of 1.38. The company has a fifty day simple moving average of $5.69 and a two-hundred day simple moving average of $5.99. Emerald has a one year low of $3.65 and a one year high of $7.05.

Emerald Dividend Announcement

The business also recently disclosed a — dividend, which will be paid on Thursday, August 29th. Shareholders of record on Monday, August 19th will be given a dividend of $0.015 per share. The ex-dividend date is Monday, August 19th. Emerald’s dividend payout ratio (DPR) is presently -40.00%.

About Emerald

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.