Revenue Update on Viad Corp(NYSE:VVI)

Viad Corp(NYSE:VVI) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 28, 2016. Company reported revenue of $324.75M. Analysts estimated a revenue of $304.90M. Earnings per share were $1.04. Analysts had estimated an EPS of $0.82.

Viad Corp (VVI) shares turned negative on Thursdays trading session with the shares closing down -0.17 points or -0.48% at a volume of 76,834. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $35.75. The peak price level was also seen at $35.75 while the days lowest was $35.18. Finally the shares closed at $35.48. The 52-week high of the shares is $35.82 while the 52-week low is $25.9. According to the latest information available, the market cap of the company is $719 M.

Several Insider Transactions has been reported to the SEC. On Aug 28, 2015, Robert E Munzenrider (director) sold 2,730 shares at $27.11 per share price.Also, On May 7, 2015, Thomas M Kuczynski (Chief Corp Dev & Strat Officer) sold 11,568 shares at $26.56 per share price.On May 6, 2015, Richard H Dozer (director) sold 2,335 shares at $26.39 per share price, according to the Form-4 filing with the securities and exchange commission.

Viad Corp (Viad) is engaged in the exhibition and events industry and the travel and recreation business. The Company serves clients in the United States Canada the United Kingdom Germany and the United Arab Emirates. The Company operates two business groups: Marketing & Events Group and Travel & Recreation Group. The Marketing & Events Group is a global event marketing company that helps clients gain awareness involvement and value from their trade show programs and other live events. The Travel & Recreation Group is an experiential leisure travel provider serving the needs of regional and long-haul visitors to natural and cultural destinations in North America. Its Travel and recreation services are provided by Brewster Inc. (Brewster) Glacier Park Inc. (Glacier Park) and Alaskan Park Properties Inc. (Alaska Denali Travel). Brewster and Alaska Denali Travel are wholly owned subsidiaries of Viad and Glacier Park is an 80% owned subsidiary of Viad.

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