Venu (VENU) to Release Quarterly Earnings on Monday

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

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

Venu Trading Up 0.7%

Shares of Venu stock opened at $9.06 on Friday. Venu has a 1 year low of $7.05 and a 1 year high of $18.17. The stock has a market cap of $388.22 million and a PE ratio of -7.49. The firm has a fifty day moving average price of $11.20 and a 200 day moving average price of $12.35. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.02 and a quick ratio of 2.02.

Institutional Trading of Venu

Hedge funds and other institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in Venu during the 2nd quarter valued at about $33,000. Bank of America Corp DE acquired a new stake in shares of Venu during the third quarter worth about $77,000. Prelude Capital Management LLC purchased a new position in shares of Venu in the third quarter valued at approximately $444,000. Vanguard Group Inc. grew its holdings in shares of Venu by 56.9% in the third 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 purchased a new stake in Venu during the 3rd quarter worth approximately $8,878,000.

About Venu

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.