Viad Corp. (VVI) Updates Q4 Earnings Guidance
Viad Corp. (NYSE:VVI) updated its fourth quarter earnings guidance on Friday. The company provided EPS guidance of ($0.25)-(0.16) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.11), Analyst Ratings Network.com reports. The company issued revenue guidance of $188-200 million, compared to the consensus revenue estimate of $204.46 million.
Shares of Viad Corp. (NYSE:VVI) opened at 25.58 on Friday. Viad Corp. has a one year low of $18.95 and a one year high of $28.59. The stock’s 50-day moving average is $24.01 and its 200-day moving average is $25.50. The company has a market cap of $519.8 million and a P/E ratio of 39.54.
Viad Corp. (NYSE:VVI) last posted its quarterly earnings results on Friday, October 25th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.08. The company had revenue of $236.50 million for the quarter, compared to the consensus estimate of $234.61 million. The company’s revenue for the quarter was down 23.1% on a year-over-year basis.
The company also recently announced a special dividend, which is scheduled for Thursday, November 14th. Shareholders of record on Thursday, November 7th will be paid a dividend of $2.50 per share.
Viad Corp (NYSE:VVI) provides services primarily within the exhibition and events industry and travel and recreation industry.
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