Emmis Communications Corporation (EMMS) Posts Earnings Results
Emmis Communications Corporation (NASDAQ:EMMS) announced its earnings results on Thursday. The company reported $1.74 earnings per share for the quarter, reports. Emmis Communications Corporation had a negative return on equity of 1.06% and a net margin of 5.12%.
Emmis Communications Corporation (NASDAQ EMMS) traded up 2.8625% during trading on Thursday, reaching $3.5899. The company’s stock had a trading volume of 10,609 shares. Emmis Communications Corporation has a 12 month low of $2.14 and a 12 month high of $3.99. The company has a market cap of $44.96 million, a price-to-earnings ratio of 4.3779 and a beta of 0.70. The stock’s 50 day moving average is $3.01 and its 200 day moving average is $2.89.
Separately, TheStreet lowered Emmis Communications Corporation from a “c-” rating to a “d+” rating in a research note on Tuesday, June 20th.
COPYRIGHT VIOLATION NOTICE: “Emmis Communications Corporation (EMMS) Posts Earnings Results” was first posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and international copyright laws. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/10/12/emmis-communications-corporation-emms-posts-earnings-results.html.
Emmis Communications Corporation Company Profile
Emmis Communications Corporation is a media company, which focuses on radio broadcasting. The Company operates through three business segments: Radio, Publishing, and Corporate & Emerging Technologies. As of February 29, 2016, the Company owned 19 frequency modulation (FM) and four amplitude modulation (AM) radio stations in New York, Los Angeles, St.
Receive News & Ratings for Emmis Communications Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emmis Communications Corporation and related companies with MarketBeat.com's FREE daily email newsletter.