Viad Q4 2023 Adj EPS $(0.79) Misses $(0.76) Estimate, Sales $291.68M Beat $277.12M Estimate
Portfolio Pulse from Benzinga Newsdesk
Viad (NYSE:VVI) reported Q4 2023 adjusted EPS of $(0.79), missing the $(0.76) estimate, but sales of $291.68M exceeded the $277.12M estimate, marking a 17.60% increase from the previous year.
February 08, 2024 | 10:00 pm
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NEUTRAL IMPACT
Viad reported a Q4 2023 adjusted EPS of $(0.79), missing estimates by 3.95%, but sales of $291.68M beat estimates by 5.26%, a 17.60% YOY increase.
While Viad missed the EPS estimate, the significant beat on sales estimates and the year-over-year sales growth suggest a mixed impact on the stock. The miss on EPS could pressure the stock, but the strong sales performance may counterbalance this effect.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100