Venu (VENU) Expected to Announce Earnings on Monday

Venu (NYSEAMERICAN:VENU) is expected to be releasing its results before the market opens on Monday, December 22nd. Analysts expect Venu to post earnings of ($0.21) per share for the quarter.

Venu (NYSEAMERICAN:VENU) last posted its earnings results on Friday, November 14th. The company reported ($0.15) EPS for the quarter, beating the consensus estimate of ($0.21) by $0.06. The company had revenue of $5.38 million for the quarter, compared to the consensus estimate of $7.43 million. Venu had a negative return on equity of 26.71% and a negative net margin of 238.68%.

Venu Price Performance

Shares of NYSEAMERICAN VENU opened at $9.06 on Friday. The firm has a market cap of $388.22 million and a P/E ratio of -7.49. The business’s 50 day moving average is $11.20 and its 200-day moving average is $12.33. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.30. Venu has a 1-year low of $7.05 and a 1-year high of $18.17.

Institutional Investors Weigh In On Venu

A number of institutional investors have recently modified their holdings of VENU. Raymond James Financial Inc. acquired a new stake in shares of Venu during the 2nd quarter worth approximately $33,000. Bank of America Corp DE bought a new stake in Venu during the third quarter worth $77,000. Prelude Capital Management LLC acquired a new stake in shares of Venu in the 3rd quarter valued at $444,000. Vanguard Group Inc. boosted its holdings in shares of Venu by 56.9% in the 3rd quarter. Vanguard Group Inc. now owns 1,351,910 shares of the company’s stock valued at $17,318,000 after purchasing an additional 489,999 shares in the last quarter. Finally, Citadel Advisors LLC bought a new position in shares of Venu in the 3rd quarter valued at $8,878,000.

Venu Company Profile

Venu Holding Corporation is a premier hospitality and live music company dedicated to crafting luxury, experience-driven entertainment destinations. Venu Holding Corporation is based in COLORADO SPRINGS, Colo.