Equities research analysts forecast that Emerald Expositions Events, Inc. (NYSE:EEX) will post earnings per share (EPS) of $0.18 for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Emerald Expositions Events’ earnings, with estimates ranging from $0.16 to $0.20. The company is expected to report its next earnings results on Thursday, August 24th.

According to Zacks, analysts expect that Emerald Expositions Events will report full year earnings of $1.08 per share for the current fiscal year, with EPS estimates ranging from $1.06 to $1.10. For the next year, analysts anticipate that the business will post earnings of $1.15 per share, with EPS estimates ranging from $1.13 to $1.16. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that follow Emerald Expositions Events.

Emerald Expositions Events (NYSE:EEX) last announced its quarterly earnings data on Thursday, May 25th. The company reported $0.44 EPS for the quarter, missing the Zacks’ consensus estimate of $0.59 by $0.15. The firm had revenue of $135.65 million during the quarter, compared to analyst estimates of $135.72 million.

A number of brokerages have weighed in on EEX. Royal Bank Of Canada began coverage on Emerald Expositions Events in a research note on Tuesday, May 23rd. They set an “outperform” rating and a $25.00 price objective for the company. Deutsche Bank AG began coverage on Emerald Expositions Events in a research note on Tuesday, May 23rd. They set a “buy” rating and a $25.00 price objective for the company. Goldman Sachs Group, Inc. (The) began coverage on Emerald Expositions Events in a research note on Tuesday, May 23rd. They set a “neutral” rating and a $23.20 price objective for the company. Credit Suisse Group began coverage on Emerald Expositions Events in a research note on Tuesday, May 23rd. They set a “neutral” rating and a $24.00 price objective for the company. Finally, Bank of America Corporation began coverage on Emerald Expositions Events in a research note on Tuesday, May 23rd. They set a “buy” rating and a $25.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Emerald Expositions Events currently has a consensus rating of “Buy” and a consensus price target of $24.28.

Shares of Emerald Expositions Events (EEX) traded down 0.50% during trading on Monday, hitting $22.04. The stock had a trading volume of 155,122 shares. The stock’s 50-day moving average price is $21.18 and its 200-day moving average price is $21.18. Emerald Expositions Events has a one year low of $18.67 and a one year high of $23.37. The company has a market cap of $1.59 billion and a P/E ratio of 63.88.

The firm also recently disclosed a special dividend, which will be paid on Wednesday, June 21st. Shareholders of record on Wednesday, June 7th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, June 5th.

In other Emerald Expositions Events news, major shareholder Corp Onex sold 7,491,667 shares of the firm’s stock in a transaction that occurred on Wednesday, May 3rd. The stock was sold at an average price of $17.00, for a total transaction of $127,358,339.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kosty Gilis sold 2,155 shares of the firm’s stock in a transaction that occurred on Wednesday, May 3rd. The shares were sold at an average price of $17.00, for a total value of $36,635.00. The disclosure for this sale can be found here.

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Emerald Expositions Events Company Profile

Emerald Expositions Events, Inc (Emerald), formerly Expo Event Holdco, Inc, is an operator of business-to-business (B2B) trade shows. The Company operates across multiple sectors, which includes: Gift, Home and General Merchandise; Sports; Design and Construction; Technology; Jewelry; Other Trade Shows; and Other Events.

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