Viad (VVI) to Release Quarterly Earnings on Thursday

Viad (NYSE:VVI - Get Free Report) will be releasing its earnings data after the market closes on Thursday, May 2nd. Analysts expect Viad to post earnings of ($0.98) per share for the quarter. Viad has set its Q1 2024 guidance at EPS.Persons interested in listening to the company's earnings conference call can do so using this link.

Viad (NYSE:VVI - Get Free Report) last issued its earnings results on Thursday, February 8th. The business services provider reported ($0.79) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.70) by ($0.09). The firm had revenue of $291.68 million during the quarter, compared to analysts' expectations of $277.81 million. Viad had a return on equity of 13.05% and a net margin of 0.96%. On average, analysts expect Viad to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Viad Price Performance

VVI traded down $0.88 during midday trading on Thursday, hitting $34.58. The stock had a trading volume of 83,246 shares, compared to its average volume of 81,646. The company has a market cap of $730.33 million, a P/E ratio of -186.57, a price-to-earnings-growth ratio of 1.17 and a beta of 1.96. The business has a fifty day moving average of $36.07 and a 200 day moving average of $33.29. The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.98 and a current ratio of 1.03. Viad has a 1 year low of $17.09 and a 1 year high of $39.98.

Wall Street Analyst Weigh In

Several brokerages have issued reports on VVI. B. Riley reaffirmed a "buy" rating and issued a $50.00 target price (up previously from $46.00) on shares of Viad in a research note on Wednesday, March 6th. TheStreet upgraded Viad from a "d+" rating to a "c-" rating in a research report on Wednesday, March 20th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $44.33.

About Viad

Viad Corp provides hospitality, leisure activities, experiential marketing, and live events in the United States, Canada, Europe, the Middle East, and Africa. It operates in three segments: Pursuit, Spiro, and GES Exhibitions. The Pursuit segment offers recreational attractions, hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services.