Emmis Communications (NASDAQ:EMMS) released its quarterly earnings results on Thursday. The company reported $0.13 EPS for the quarter, Morningstar.com reports. Emmis Communications had a return on equity of 1.52% and a net margin of 1.35%. The company had revenue of $27.77 million during the quarter.
Shares of NASDAQ:EMMS opened at $5.65 on Friday. Emmis Communications has a 52-week low of $3.13 and a 52-week high of $6.75. The stock has a market capitalization of $74.00 million, a PE ratio of 51.36 and a beta of 1.27. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.52 and a current ratio of 0.52. The business has a 50-day moving average price of $4.54.
EMMS has been the subject of several research analyst reports. TheStreet cut Zumiez from a “b” rating to a “c+” rating in a research note on Thursday, June 6th. ValuEngine cut Virtu Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, June 18th.
About Emmis Communications
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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