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Viad Corp Q2 adjusted earnings Beat Estimates

Viad Corp (VVI) announced earnings for second quarter that decreased from the same period last year.

The company's profit totaled $23.5 million, or $1.15 per share. This compares with $27.9 million, or $1.37 per share, in last year's second quarter.

Excluding items, Viad Corp reported adjusted earnings of $24.5 million or $1.20 per share for the period.

Analysts had expected the company to earn $1.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.3% to $363.7 million from $364.8 million last year.

Viad Corp earnings at a glance:

-Earnings (Q2): $24.5 Mln. vs. $24.9 Mln. last year.
-EPS (Q2): $1.20 vs. $1.22 last year.
-Analysts Estimate: $1.11
-Revenue (Q2): $363.7 Mln vs. $364.8 Mln last year.

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