Emerald (NYSE:EEX) Announces Quarterly Earnings Results

Emerald (NYSE:EEX) released its earnings results on Friday. The company reported $0.03 earnings per share for the quarter, meeting the consensus estimate of $0.03, Zacks reports. Emerald had a negative return on equity of 13.26% and a negative net margin of 5.29%. The company had revenue of $106.80 million for the quarter, compared to analysts’ expectations of $108.05 million. Emerald updated its FY 2025 guidance to EPS.

Emerald Trading Up 11.4 %

Shares of NYSE EEX opened at $4.07 on Friday. The stock has a market cap of $825.54 million, a price-to-earnings ratio of -7.53 and a beta of 1.31. The business has a 50 day simple moving average of $4.39 and a 200 day simple moving average of $4.66. Emerald has a 52 week low of $3.55 and a 52 week high of $7.05. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.27 and a current ratio of 1.27.

Emerald Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Monday, March 10th will be paid a $0.015 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.06 annualized dividend and a dividend yield of 1.48%. Emerald’s payout ratio is -11.11%.

Wall Street Analysts Forecast Growth

Separately, Rosenblatt Securities reaffirmed a “buy” rating and set a $7.80 target price on shares of Emerald in a research note on Thursday.

Emerald Company Profile

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.