Viad Corp (NYSE:VVI) is reporting third quarter financial results on Thursday 29th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, VVI is expected to report 3Q20 loss of $ 1.4 per share from revenue of $ 64.80 million.
For the full year, analysts anticipate top line of $ 444.70 million, while looking forward to loss of $ 5.88 per share bottom line.
Previous Quarter Performance
Viad Corp reported loss for the second quarter of $ 2.59 per share, from the revenue of $ 30.86 million. Wall street analysts are predicting, VVI to report 2Q20 loss of $ 1.29 per share from revenue of $ 30.45 million. The bottom line results missed street analysts by $ 1.3 or 100.78 percent, at the same time, top line results outshined analysts by $ 0.41 million or 1.35 percent.
Stock Performance
Shares of Viad Corp traded low $ -0.84 or -4.11 percent on Wednesday, reaching $ 19.59 with volume of 194.90 thousand shares. Viad Corp has traded high as $ 20.01 and has cracked $ 19.01 on the downward trend
According to the previous trading day, closing price of $ 19.59, representing a 81.60 % increase from the 52 week low of $ 11.25 and a 70.91 % decrease over the 52 week high of $ 70.23.
The company has a market capital of $ 400.25 million and is part of the Industrials sector and Business Services industry.
Conference Call
Viad Corp will be hosting a conference call at 5:00 PM eastern time on 29th October 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 www.viad.com
Viad Corp operates as an experiential services company in the United States, Canada, the United Kingdom, continental Europe, and the United Arab Emirates. It operates in two business groups, GES and Pursuit. The company 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.
