Emerald Expositions Events, Inc. (EEX) Misses Q2 EPS by 25c, Miss on Revenues; Guides to Lower End of Revenue Range

Emerald Expositions Events, Inc. (NYSE: EEX) reported Q2 EPS of ($0.08), $0.25 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $74.1 million versus the consensus estimate of $75.9 million.

Outlook

For the year ending December 31, 2017, Emerald management expects reported and organic revenues to trend towards the lower end of the previously provided guidance, and Adjusted EBITDA to trend just below the midpoint of the previously provided guidance, outlined below:

• Total revenue growth of 7.5% to 9.5%, or $348 million to $355 million
• Organic revenue growth of zero percent to 2.0%
• Adjusted EBITDA of $154 million to $160 million, or growth of 1.2% to 5.2%

GUIDANCE:

Emerald Expositions Events, Inc. sees Q3 2017 revenue of $348-355 million, versus the consensus of $353.29 million.

For earnings history and earnings-related data on Emerald Expositions Events, Inc. (EEX) click here.

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