Emerald Expositions Events, Inc. ($EEX) 3Q20 Earnings Sneak Preview

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Emerald Expositions Events, Inc. (NYSE:EEX) is reporting third quarter earnings results on Monday 2nd November 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.08 per share.

For the full year, analysts predict revenues of $ 158.87 million, while looking forward to income of $ 0.65 per share.

Previous Quarter Performance

Emerald Expositions Events, Inc. communicated income for the second quarter of $ 0.29 per share, from the revenue of $ 7.00 million. The quarterly earnings down 6.45 percent while revenues reduced 93.20 percent compared with the same quarter last year. The top line results fell short of analysts by $ 8.95 million or 56.11 percent.

Stock Performance

On Friday, shares of Emerald Expositions Events, Inc. has traded high as $ 2.68 and has cracked $ 2.54 on the downward trend, reaching $ 2.62 with volume of 117.90 thousand shares.

According to the previous trading day, closing price of $ 2.62, representing a 72.00 % increase from the 52 week low of $ 1.50 and a 79.62 % decrease over the 52 week high of $ 12.66.

The company has a market capital of $ 187.28 million and is part of the Industrials sector and Business Services industry.

Conference Call

Emerald Expositions Events, Inc. will be hosting a conference call at 5:00 PM eastern time on 2nd November 2020, to discuss its 3Q20 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.