Viad Q3 EPS 2023 Adj $1.49 Beats $1.27 Estimate, Sales $365.90M Beat $354.14M Estimate
Portfolio Pulse from vinayak@benzinga.com
Viad (NYSE:VVI) reported Q3 2023 earnings of $1.49 per share, beating the analyst consensus estimate of $1.27 by 17.32%. This is a 0.68% increase over earnings of $1.48 per share from the same period last year. The company also reported quarterly sales of $365.90 million, beating the analyst consensus estimate of $354.14 million by 3.32%. However, this is a 4.40% decrease over sales of $382.72 million the same period last year.
November 02, 2023 | 8:29 pm
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Viad's Q3 2023 earnings and sales beat estimates, but sales decreased compared to the same period last year.
While Viad beat earnings and sales estimates, which is generally positive for the stock, the decrease in sales compared to the same period last year could be a concern for investors, potentially offsetting the positive impact of the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100