Viad Corp (VVI) Scheduled to Post Quarterly Earnings on Thursday
Viad Corp (NYSE:VVI) will be issuing its quarterly earnings data after the market closes on Thursday, October 26th. Analysts expect the company to announce earnings of $1.38 per share for the quarter.
Viad Corp (NYSE:VVI) last posted its quarterly earnings data on Thursday, July 27th. The business services provider reported $1.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.26. Viad Corp had a net margin of 4.85% and a return on equity of 16.76%. The business had revenue of $364.77 million during the quarter, compared to the consensus estimate of $347.35 million. During the same period in the previous year, the firm posted $1.04 earnings per share. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. On average, analysts expect Viad Corp to post $2.76 EPS for the current fiscal year and $2.86 EPS for the next fiscal year.
Shares of Viad Corp (NYSE:VVI) opened at 60.50 on Thursday. The stock’s 50 day moving average is $58.26 and its 200 day moving average is $50.02. The firm has a market capitalization of $1.23 billion, a P/E ratio of 19.09 and a beta of 0.52. Viad Corp has a 1-year low of $35.10 and a 1-year high of $61.85.
The business also recently announced a quarterly dividend, which was paid on Monday, October 2nd. Stockholders of record on Friday, September 8th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.66%. The ex-dividend date of this dividend was Thursday, September 7th. Viad Corp’s payout ratio is 12.62%.
Several research analysts have recently issued reports on the stock. BidaskClub upgraded shares of Viad Corp from a “buy” rating to a “strong-buy” rating in a report on Monday, July 24th. Zacks Investment Research upgraded shares of Viad Corp from a “hold” rating to a “strong-buy” rating and set a $57.00 target price for the company in a report on Saturday, July 29th.
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Viad Corp Company Profile
Viad Corp is an international experiential services company. The Company operates through two main business groups: GES, which is a live event service provider to some of the visible and influential events and global brands, and Pursuit, which is a collection of destination travel experiences. GES conducts its operations through two geographical segments: GES U.S., which has full-service operations in exhibition market in the United States, including Las Vegas, Nevada; Chicago, Illinois; Orlando, Florida; New York, New York, and Los Angeles, California, and GES International, which had full-service operations at many of the event destinations and venues.
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