Viad (NYSE:VVI) Full Year 2023 Results

Key Financial Results

• Revenue: US$1.24b (up 9.9% from FY 2022).

• Net income: US$16.8m (up 54% from FY 2022).

• Profit margin: 1.4% (up from 1.0% in FY 2022). The increase in margin was driven by higher revenue.

• EPS: US$0.81 (up from US$0.53 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Viad Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates.

Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Commercial Services industry in the US.

Performance of the American Commercial Services industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Viad (1 makes us a bit uncomfortable!) that you should be aware of.

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