Emerald (NYSE:EEX - Get Free Report) released its quarterly earnings data on Friday. The company reported $0.03 earnings per share for the quarter, meeting analysts' consensus estimates of $0.03, Zacks reports. Emerald had a negative net margin of 5.29% and a negative return on equity of 13.26%. The company had revenue of $106.80 million during the quarter, compared to analysts' expectations of $108.05 million. Emerald updated its FY 2025 guidance to EPS.
Emerald Price Performance
Shares of NYSE EEX traded down $0.01 during trading on Tuesday, hitting $4.32. The company had a trading volume of 205,467 shares, compared to its average volume of 174,040. The stock has a fifty day simple moving average of $4.37 and a two-hundred day simple moving average of $4.63. Emerald has a fifty-two week low of $3.55 and a fifty-two week high of $7.05. The firm has a market capitalization of $876.89 million, a price-to-earnings ratio of -8.00 and a beta of 1.31. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.02.
Emerald Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Monday, March 10th will be given a $0.015 dividend. The ex-dividend date is Monday, March 10th. This represents a $0.06 annualized dividend and a dividend yield of 1.39%. Emerald's dividend payout ratio (DPR) is -11.11%.
Analyst Upgrades and Downgrades
Separately, Rosenblatt Securities reaffirmed a "buy" rating and issued a $7.80 price objective on shares of Emerald in a report on Thursday, March 13th.
Read Our Latest Stock Report on EEX
About Emerald
(
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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.
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