Emerald (NYSE:EEX) Posts Earnings Results, Meets Estimates

Emerald (NYSE:EEX) issued its quarterly earnings data on Friday. The company reported $0.03 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.03, Zacks reports. Emerald had a negative net margin of 5.29% and a negative return on equity of 13.26%. Emerald updated its FY 2025 guidance to EPS.

Emerald Trading Up 2.9 %

NYSE EEX traded up $0.11 during trading on Friday, hitting $3.76. The company had a trading volume of 20,514 shares, compared to its average volume of 171,330. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.02. Emerald has a one year low of $3.61 and a one year high of $7.05. The company has a market cap of $762.20 million, a price-to-earnings ratio of -6.89 and a beta of 1.31. The company’s fifty day moving average is $4.39 and its 200-day moving average is $4.66.

Emerald Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Monday, March 10th will be issued a dividend of $0.015 per share. The ex-dividend date is Monday, March 10th. This represents a $0.06 dividend on an annualized basis and a yield of 1.60%. Emerald’s dividend payout ratio is currently -11.11%.

Wall Street Analysts Forecast Growth

Separately, Rosenblatt Securities reissued a “buy” rating and set a $7.80 price target on shares of Emerald in a research report on Thursday.

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.