NYSE$PRSU

MotiTest · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Viad Corp delivered solid first quarter results, with Pursuit's revenue growth driven by strong attractions performance and GES driving margin expansion with healthy revenue growth.

Viad Corp reported solid first-quarter results, meeting expectations with Pursuit's 14% revenue growth driven by attractions and GES delivering strong profitable growth and margin expansion. The company maintains a favorable full-year outlook with expected consolidated adjusted EBITDA growth.

  • Pursuit delivered 14% revenue growth, driven by strong attractions performance and the successful launch of the new FlyOver Chicago attraction.
  • GES drove margin expansion with healthy revenue growth.
  • Consolidated adjusted EBITDA increased by $0.9 million from the 2023 first quarter.
  • The company maintains its outlook for strong full-year growth as positive trends continue for both Pursuit and GES.

Headline financials

Total Revenue

$273M

Previous: $261M+4.9%
EPS

-$1.29

Previous: -$1.15-12.2%
Adjusted EBITDA

-$14.6M

No prior period
Adjusted Net Loss

-$25.4M

No prior period
Free Cash Flow

-$25.1M

Previous: -$20.9M-20.4%
Net Income

-$25.1M

Previous: -$20.9M-20.4%
Operating Income

-$8.47M

Previous: -$1.98M-327.5%
Cash & Equivalents

$48.8M

Previous: $50.8M-4.0%
Total Assets

$1.18B

Previous: $1.1B+6.9%
Stock-Based Comp

$3.11M

Previous: $3.07M+1.4%

Revenue & EPS history

MotiTest · Revenue · Quarterly

$273M

Q1 2024+4.9%vs Q1 2023
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

Viad Corp anticipates strong full-year growth, maintaining its outlook for consolidated adjusted EBITDA growth of approximately 16% to 30% in 2024.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-0.0%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+85.6%

Avg return

30 days after

42%

28 / 67 earnings

Positive

+19.6%

Q1 2023

Best reaction

-12.4%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.6%-0.1%
Q4 2025-4.5%+0.4%-3.4%
Q3 2025+0.0%-5.4%+9.0%
Q2 2025+16.5%+15.5%+23.4%
Q1 2025-2.5%+2.8%-4.2%
Q4 2024+5.0%+5.8%-14.7%
Q3 2024+3.7%+3.9%+3.0%
Q2 2024+6.6%+6.7%+9.3%
Q1 2024-0.2%+1.0%+2.0%
Q4 2023+2.2%+0.4%+13.3%
Q3 2023+15.3%+20.1%+39.6%
Q2 2023+2.1%+2.7%+4.0%
Q1 2023+19.6%+15.3%+32.7%
Q4 2022-9.8%-9.1%-23.5%
Q3 2022-12.4%-21.1%-15.4%
Q2 2022+10.8%+15.3%+9.3%
Q1 2022-9.6%-6.7%-2.2%
Q4 2021-7.7%-6.6%-16.5%
Q3 2021+6.4%+4.0%-8.3%
Q3 2026-1.0%+6.8%+2.3%
Q2 2021-2.3%+3.7%+0.3%
Q1 2021-5.4%+0.5%+3289.8%
Q4 2020-8.0%-7.8%+10.0%
Q3 2020+2.1%+2.5%+57.1%
Q2 2020+14.2%+24.7%+38.6%
Q1 2020+2.4%-15.9%-19.1%
Q4 2019-4.0%-6.8%-35.9%
Q3 2019-8.4%-9.8%-7.6%
Q2 2019-1.2%-2.0%-10.3%
Q1 2019+2.2%+3.1%+3.2%
Q4 2018+0.5%+2.6%-0.4%
Q3 2018-7.2%-6.2%-2.0%
Q2 2018+2.9%+2.8%+10.9%
Q1 2018-4.5%-6.5%-4.5%
Q4 2017-2.9%-6.0%+1.4%
Q3 2017-2.5%-5.0%-6.6%
Q2 2017+6.1%+10.4%+7.7%
Q1 2017-2.1%-1.5%-6.0%
Q4 2016+8.7%+8.2%+3.2%
Q3 2016+9.8%+11.4%+21.6%
Q2 2016+8.8%+11.2%+12.0%
Q1 2016-3.4%
Q4 2015-4.4%
Q3 2015-7.9%
Q2 2015+12.9%
Q1 2015-1.0%
Q4 2014-10.5%
Q3 2014+1.9%
Q2 2014+1.1%
Q1 2014+1.6%
Q4 2013-3.3%
Q3 2013+1.7%
Q2 2013-0.4%
Q1 2013-2.7%
Q4 2012-1.6%
Q3 2012-2.3%
Q2 2012+0.0%
Q1 2011-3.5%
Q1 2012+0.5%
Q4 2009-0.2%
Q4 2011-0.2%
Q3 2011-5.9%
Q3 2010-5.9%
Q2 2011-10.6%
Q4 2010-10.6%
Q2 2010+1.6%
Q1 2010-0.3%

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