Strength Seen in Viad (VVI): Can Its 17.5% Jump Turn into More Strength? [Yahoo! Finance]
Viad Corp (VVI)
Last viad corp earnings: 2/6 04:05 pm
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Source: Yahoo! Finance
The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2.2% gain over the past four weeks. Investor optimism surged after Viad Corp announced the sale of its GES business to Truelink Capital for $535 million. The company also plans to rebrand itself as Pursuit once the transaction is finalized, signaling a strategic shift and strengthening focus on its experiential tourism segment. This trade show company is expected to post quarterly earnings of $1.87 per share in its upcoming report, which represents a year-over-year change of +25.5%. Revenues are expected to be $437.1 million, up 19.5% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Viad, the consensus EPS estimate for t
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VVI
News
- Viad Corp (NYSE: VVI) had its price target raised by analysts at Oppenheimer Holdings Inc. from $41.00 to $54.00. They now have an "outperform" rating on the stock.MarketBeat
- Viad Corp (NYSE:VVI) Shares Could Be 26% Below Their Intrinsic Value Estimate [Yahoo! Finance]Yahoo! Finance
- Viad Corp (VVI) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid Challenges [Yahoo! Finance]Yahoo! Finance
- Viad Corp Reports 2024 Third Quarter Results [Yahoo! Finance]Yahoo! Finance
- Viad Corp Announces Participation in Upcoming ConferencesBusiness Wire
VVI
Earnings
- 11/7/24 - Beat
VVI
Sec Filings
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 11/6/24 - Form SCHEDULE
- VVI's page on the SEC website