Emerald (EEX) Projected to Post Quarterly Earnings on Wednesday

Emerald (NYSE:EEX) is anticipated to announce its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $108.05 million for the quarter.

Emerald Stock Performance

Shares of Emerald stock opened at $4.25 on Tuesday. The company has a 50 day moving average of $4.60 and a 200-day moving average of $4.76. The company has a market cap of $861.67 million, a PE ratio of -7.86 and a beta of 1.43. Emerald has a 1-year low of $3.92 and a 1-year high of $7.05. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.02.

Analyst Upgrades and Downgrades

EEX has been the subject of a number of research analyst reports. Rosenblatt Securities lowered their price objective on shares of Emerald from $8.40 to $7.80 and set a “buy” rating for the company in a research report on Thursday, October 31st. Maxim Group lowered their price objective on shares of Emerald from $11.00 to $8.00 and set a “buy” rating for the company in a research report on Thursday, October 31st.

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.