Viad Corp. (VVI) Tops Q2 EPS by 16c
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Weighted-average outstanding common shares: 20.02M
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Viad Corp. (NYSE: VVI) reported Q2 EPS of $0.98, $0.16 better than the analyst estimate of $0.82. Revenue for the quarter came in at $324.7 million versus the consensus estimate of $304.9 million.
FY16 Outlook:
Consolidated revenue is expected to increase at a high-single digit rate from 2015 full year revenue, driven by positive show rotation of $50 million and continued underlying growth at GES, as well as the acquisitions of CATC and Maligne Lake Tours for T&R, partially offset by unfavorable currency translation of approximately $26 million.
For earnings history and earnings-related data on Viad Corp. (VVI) click here.
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