Emerald Holding Q3 EPS $(0.05) Misses $(0.04) Estimate, Sales $72.60M Miss $79.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Emerald Holding reported Q3 earnings per share of $(0.05), missing the consensus estimate of $(0.04). Sales were $72.60 million, below the expected $79.70 million, but slightly up from last year's $72.50 million.
October 30, 2024 | 10:26 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Emerald Holding's Q3 earnings and sales both missed analyst estimates, with EPS at $(0.05) and sales at $72.60M. This could negatively impact the stock price in the short term.
The company's earnings per share and sales figures both fell short of analyst expectations, which is typically viewed negatively by investors. This underperformance could lead to a decrease in stock price as it suggests potential challenges in the company's financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100