Emerald Expositions Events, Inc. (NYSE:EEX) is reporting second quarter financial results on Monday 3rd August 2020, after market close.
According to analysts surveyed by Thomson Reuters, EEX is expected to report 2Q20 income of $ 0.04 per share from revenue of $ 15.95 million.
For the full year, analysts anticipate top line of $ 221.29 million, while looking forward to income of $ 0.56 per share bottom line.
Previous Quarter Performance
Emerald Expositions Events, Inc. announced income for the first quarter of $ 0.38 per share, from the revenue of $ 99.70 million. The quarterly earnings contracted 28.30 percent while revenues declined 29.51 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.42 per share from $ 113.87 million in revenue. The bottom line results missed street analysts by $ 0.04 or 9.52 percent, at the same time, top line results fell short of analysts by $ 14.17 million or 12.44 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of EEX was $ 2.72, representing a 81.33 % increase from the 52 week low of $ 1.50 and a 78.52 % decrease over the 52 week high of $ 12.66.
The company has a market capital of $ 194.33 million and is part of the Industrials sector and Business Services industry.
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Conference Call
Emerald Expositions Events, Inc. will be hosting a conference call at 5:00 PM eastern time on 3rd August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website investor.emeraldexpositions.com
Emerald Expositions Events, Inc. operates business-to-business (B2B) trade shows in the United States. The company operates trade shows in various industry sectors, including gift, home, and general merchandise; sports; design and construction; technology; jewelry; and others, such as photography, food, healthcare, industrials, and military.
