Loyalty Ventures (LYLT) Set to Announce Quarterly Earnings on Thursday

Loyalty Ventures (NASDAQ:LYLTGet Rating) will announce its earnings results after the market closes on Thursday, April 28th. Analysts expect the company to announce earnings of $0.33 per share for the quarter.

Loyalty Ventures (NASDAQ:LYLTGet Rating) last issued its quarterly earnings data on Thursday, February 3rd. The company reported $0.35 earnings per share for the quarter. The company had revenue of $238.59 million for the quarter. On average, analysts expect Loyalty Ventures to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Loyalty Ventures stock traded down $0.58 during trading hours on Thursday, hitting $15.30. 153,019 shares of the company’s stock traded hands, compared to its average volume of 253,422. Loyalty Ventures has a 12-month low of $14.69 and a 12-month high of $98.95. The stock’s fifty day moving average is $19.34. The company has a debt-to-equity ratio of 4.12, a current ratio of 1.04 and a quick ratio of 0.90.

Separately, Morgan Stanley dropped their price target on Loyalty Ventures from $26.00 to $20.00 and set an “equal weight” rating for the company in a research report on Monday.

Loyalty Ventures Company Profile (Get Rating)

Loyalty Ventures Inc provides consumer loyalty solutions. The company owns and operates the AIR MILES Reward Program, an end-to-end loyalty platform; and BrandLoyalty, a campaign-based loyalty solution for grocers and other high-frequency retailers. It also offers marketing, customer, and rewards and redemption management services for sponsors.

Further Reading

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