Viad (VVI) Posts Quarterly Earnings Results, Misses Estimates By $0.12 EPS

Viad (NYSE:VVI) posted its quarterly earnings data on Thursday. The business services provider reported $1.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.84 by ($0.12), Fidelity Earnings reports. The company had revenue of $358.16 million during the quarter, compared to the consensus estimate of $381.40 million. Viad had a net margin of 2.95% and a return on equity of 8.20%.

Shares of Viad stock traded down $3.25 on Friday, hitting $49.21. The company had a trading volume of 3,912 shares, compared to its average volume of 83,492. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.64 and a quick ratio of 0.59. The stock has a market capitalization of $1.07 billion, a PE ratio of 18.69 and a beta of 0.64. Viad has a 52 week low of $49.20 and a 52 week high of $62.50.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 1st. Stockholders of record on Friday, September 7th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.81%. The ex-dividend date was Thursday, September 6th. Viad’s dividend payout ratio (DPR) is presently 15.27%.

VVI has been the subject of several recent analyst reports. ValuEngine cut shares of Viad from a “buy” rating to a “hold” rating in a report on Tuesday, October 2nd. Zacks Investment Research cut shares of Viad from a “hold” rating to a “sell” rating in a report on Wednesday, October 17th. Finally, Northcoast Research reiterated a “neutral” rating on shares of Viad in a report on Friday, July 27th.

About Viad

Viad Corp operates as an experiential services company in the United States, Canada, the United Kingdom, continental Europe, and the United Arab Emirates. The company operates in two business groups, GES and Pursuit. It offers event planning and production, look and feel design, layout and floor plan designs, furnishings and carpet, show traffic analysis, marketing and strategy, electrical distribution, cleaning, plumbing, overhead and booth rigging, and material handling services; and signage products and common area structures.

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Earnings History for Viad (NYSE:VVI)

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