EmeraldExpositionsEvents (NYSE:EEX) May Be in Trouble as BidaskScore Downgrades Shares

EmeraldExpositionsEvents (NYSE:EEX) Receives a Downgrade

New York-listed EmeraldExpositionsEvents (NYSE:EEX) shares have been downgraded by analysts at BidaskScore. BidaskScore downgraded its rating on the $932.62 million market capitalized firm to a “Hold”.

The stock increased 0.78% or $0.1 during the last trading session, reaching $12.98. About 25,583 shares traded. Emerald Expositions Events, Inc. (NYSE:EEX) has declined 40.98% since May 8, 2018 and is downtrending. It has underperformed by 45.35% the S&P500.

Analysts await Emerald Expositions Events, Inc. (NYSE:EEX) to report earnings on August, 1. They expect $0.27 EPS, up 17.39 % or $0.04 from last year’s $0.23 per share. EEX’s profit will be $19.40M for 12.02 P/E if the $0.27 EPS becomes a reality. After $0.53 actual EPS reported by Emerald Expositions Events, Inc. for the previous quarter, Wall Street now forecasts -49.06 % negative EPS growth.

Emerald Expositions Events, Inc. operates business-to-business trade shows in the United States. The company has market cap of $932.62 million. The firm operates trade shows in various industry sectors, including gift, home and general merchandise; sports; design and construction; technology; jewelry; and others comprising photography, food, healthcare, industrials, and military. It currently has negative earnings. It also operates additional events across various formats, such as B2B conferences, business-to-consumer events, summits, awards, and luxury private sales.

More notable recent Emerald Expositions Events, Inc. (NYSE:EEX) news were published by: Businesswire.com which released: “Emerald Expositions Acquires Connecting Point Marketing Group; Adds Best in Class Hosted-Buyer Model to its Capabilities – Business Wire” on November 30, 2017, also Seekingalpha.com with their article: “Emerald Expositions’s President and CEO to step down – Seeking Alpha” published on November 01, 2018, Businesswire.com published: “Outdoor Retailer, Largest U.S. Tradeshow for Outdoor Community, Chooses Denver for All Shows Beginning January 2018 – Business Wire” on July 06, 2017. More interesting news about Emerald Expositions Events, Inc. (NYSE:EEX) were released by: Businesswire.com and their article: “Emerald Expositions Acquires Leading Technology Brands Serving the Residential, Commercial and Security Integrator Markets – Business Wire” published on August 21, 2018 as well as Bizjournals.com‘s news article titled: “​Emerald Expositions raises $264 million in IPO – L.A. Biz” with publication date: April 28, 2017.

Emerald Expositions Events, Inc. (NYSE:EEX) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.