Emerald Expositions Events (EEX) to Release Quarterly Earnings on Thursday

Emerald Expositions Events (NYSE:EEX) is scheduled to issue its quarterly earnings data before the market opens on Thursday, November 1st. Analysts expect the company to announce earnings of $0.42 per share for the quarter. Emerald Expositions Events has set its FY18 guidance at $1.20-1.30 EPS.

Emerald Expositions Events (NYSE:EEX) last posted its quarterly earnings data on Thursday, August 2nd. The company reported $0.23 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.01. Emerald Expositions Events had a net margin of 29.36% and a return on equity of 12.55%. The business had revenue of $78.40 million during the quarter, compared to the consensus estimate of $78.44 million. During the same period in the previous year, the firm posted $0.18 earnings per share. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. On average, analysts expect Emerald Expositions Events to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE:EEX opened at $13.86 on Tuesday. Emerald Expositions Events has a 12 month low of $13.66 and a 12 month high of $24.45. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.58 and a quick ratio of 0.58. The firm has a market cap of $1.03 billion, a PE ratio of 12.49, a P/E/G ratio of 1.15 and a beta of 0.26.

EEX has been the subject of several research reports. Zacks Investment Research upgraded shares of Emerald Expositions Events from a “sell” rating to a “hold” rating in a research note on Tuesday, July 10th. Deutsche Bank started coverage on shares of Emerald Expositions Events in a research report on Monday, October 1st. They set a “hold” rating and a $18.00 target price for the company. Credit Suisse Group started coverage on shares of Emerald Expositions Events in a research report on Friday, August 10th. They set a “neutral” rating and a $17.00 target price for the company. Citigroup downgraded shares of Emerald Expositions Events from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 7th. Finally, ValuEngine downgraded shares of Emerald Expositions Events from a “hold” rating to a “sell” rating in a research report on Tuesday, July 24th. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $20.75.

About Emerald Expositions Events

Emerald Expositions Events, Inc operates business-to-business (B2B) trade shows in the United States. The company operates trade shows in various industry sectors, including gift, home and general merchandise; sports; design and construction; technology; jewelry; and others comprising photography, food, healthcare, industrials, and military.

Read More: Fundamental Analysis

Earnings History for Emerald Expositions Events (NYSE:EEX)

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