Emmis Communications (EMMS) Set to Announce Quarterly Earnings on Thursday

Emmis Communications (NASDAQ:EMMS) will issue its quarterly earnings data before the market opens on Thursday, July 11th.

Emmis Communications (NASDAQ:EMMS) last released its earnings results on Thursday, May 9th. The company reported ($0.04) EPS for the quarter. The business had revenue of $23.75 million for the quarter. Emmis Communications had a net margin of 20.46% and a return on equity of 23.10%.

EMMS opened at $6.00 on Wednesday. The company has a market capitalization of $78.21 million, a PE ratio of 3.45 and a beta of 1.27. The company’s 50 day simple moving average is $4.40. Emmis Communications has a one year low of $3.13 and a one year high of $6.75. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.52 and a current ratio of 0.52.

In related news, insider Gregory T. Loewen sold 7,500 shares of the stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $6.50, for a total value of $48,750.00. Following the transaction, the insider now owns 122,146 shares of the company’s stock, valued at $793,949. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 32.30% of the company’s stock.

EMMS has been the topic of a number of analyst reports. ValuEngine cut Emmis Communications from a “hold” rating to a “sell” rating in a research note on Wednesday, May 15th. TheStreet cut Emmis Communications from a “c” rating to a “d+” rating in a research note on Thursday, June 6th.

Emmis Communications Company Profile

Emmis Communications Corporation, a diversified media company, engages in radio broadcasting activities in the United States. The company operates in three segments: Radio, Publishing, and Corporate & Emerging Technologies. It operates 11 FM and 3 AM radio stations in New York, Los Angeles, Indianapolis, and Austin, as well as publishes Indianapolis monthly magazine.

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Earnings History for Emmis Communications (NASDAQ:EMMS)

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