Viad Q2 Adj $0.36 Beats $0.32 Estimate, Sales $320.31M Beat $300.24M Estimate
Portfolio Pulse from Benzinga Newsdesk
Viad (NYSE:VVI) reported Q2 earnings of $0.36 per share, beating the analyst consensus estimate of $0.32 by 12.5%. However, this is a 51.35% decrease from the same period last year. The company also reported quarterly sales of $320.31 million, beating the analyst consensus estimate of $300.24 million by 6.68%, a slight increase from the same period last year.
August 04, 2023 | 2:22 pm
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NEUTRAL IMPACT
Viad's Q2 earnings and sales beat estimates, but earnings decreased significantly YoY. This mixed result could lead to uncertain market reactions.
While Viad beat Q2 estimates for both earnings and sales, the significant YoY decrease in earnings could be a concern for investors. This mixed result could lead to uncertain market reactions in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100