Emerald (NYSE:EEX) Releases Earnings Results, Meets Expectations

Emerald (NYSE:EEX) posted its quarterly earnings results on Friday. The company reported $0.03 EPS for the quarter, meeting analysts’ consensus estimates of $0.03, Zacks reports. Emerald had a negative return on equity of 13.26% and a negative net margin of 5.29%. The business 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 Price Performance

Shares of Emerald stock opened at $4.07 on Friday. The stock has a 50 day moving average of $4.37 and a 200 day moving average of $4.64. Emerald has a 12 month low of $3.55 and a 12 month high of $7.05. The firm has a market cap of $825.54 million, a PE ratio of -7.53 and a beta of 1.31. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.02.

Emerald Dividend Announcement

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

Analyst Upgrades and Downgrades

Separately, Rosenblatt Securities reiterated a “buy” rating and set a $7.80 price objective on shares of Emerald in a research report 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.