Emerald (NYSE:EEX) Posts Quarterly Earnings Results, Hits Estimates

Emerald (NYSE:EEX) announced its quarterly earnings results on Friday. The company reported $0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.03, Zacks reports. Emerald had a negative return on equity of 13.26% and a negative net margin of 5.29%. Emerald updated its FY 2025 guidance to EPS.

Emerald Stock Performance

NYSE:EEX opened at $3.62 on Friday. Emerald has a 1-year low of $3.65 and a 1-year high of $7.05. The stock has a market cap of $733.99 million, a P/E ratio of -6.79 and a beta of 1.31. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.27 and a quick ratio of 1.27. The firm has a 50-day moving average of $4.39 and a two-hundred day moving average of $4.66.

Emerald Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Monday, March 10th will be paid a dividend of $0.015 per share. This represents a $0.06 annualized dividend and a yield of 1.66%. The ex-dividend date is Monday, March 10th. Emerald’s dividend payout ratio (DPR) is -11.11%.

Analysts Set New Price Targets

Separately, Rosenblatt Securities reiterated a “buy” rating and issued a $7.80 target price on shares of Emerald in a research note on Thursday.

About Emerald

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.