Emmis Communications (EMMS) to Release Quarterly Earnings on Thursday

Emmis Communications (NASDAQ:EMMS) will be announcing its Q3 2018 earnings results before the market opens on Thursday, January 11th.

Emmis Communications (EMMS) traded up $0.11 during trading hours on Friday, hitting $3.54. 17,900 shares of the company traded hands, compared to its average volume of 14,867. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a market cap of $43.60, a price-to-earnings ratio of 0.55 and a beta of 0.75. Emmis Communications has a 1-year low of $2.14 and a 1-year high of $3.87.

In other Emmis Communications news, COO Patrick M. Walsh sold 40,000 shares of the business’s stock in a transaction on Monday, October 16th. The shares were sold at an average price of $3.45, for a total value of $138,000.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Richard A. Leventhal sold 8,951 shares of the business’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $3.43, for a total transaction of $30,701.93. Following the completion of the transaction, the director now owns 88,413 shares in the company, valued at approximately $303,256.59. The disclosure for this sale can be found here. Insiders sold a total of 49,951 shares of company stock worth $172,172 in the last quarter. 27.10% of the stock is currently owned by company insiders.

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About Emmis Communications

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.

Earnings History for Emmis Communications (NASDAQ:EMMS)

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