Emerald (EEX) to Release Quarterly Earnings on Tuesday

Emerald (NYSE:EEX) will be issuing its quarterly earnings data before the market opens on Tuesday, May 7th. Emerald has set its FY 2024 guidance at EPS.Investors interested in participating in the company’s conference call can do so using this link.

Emerald (NYSE:EEX) last posted its quarterly earnings data on Thursday, February 29th. The company reported ($0.46) EPS for the quarter. Emerald had a negative return on equity of 59.12% and a negative net margin of 2.14%. The company had revenue of $101.50 million for the quarter.

Emerald Trading Up 0.5 %

NYSE:EEX opened at $5.95 on Friday. Emerald has a 12 month low of $3.27 and a 12 month high of $7.05. The firm has a fifty day simple moving average of $6.15 and a 200-day simple moving average of $5.84. The company has a market capitalization of $375.17 million, a P/E ratio of -7.53 and a beta of 1.39.

Analysts Set New Price Targets

Separately, Rosenblatt Securities lowered their price objective on shares of Emerald from $8.40 to $8.20 and set a “buy” rating for the company in a research note on Friday, March 1st.

About Emerald

Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.