Friday, April 27, 2007

UPDATE 1-Viad posts higher quarterly profit, cuts 2007 EPS view

(Reuters) - Viad lowered its 2007 earnings outlook due to the costs associated with the first quarter restructuring charge at Exhibitgroup and the full year effect of its first quarter share repurchases.

The company now expects 2007 earnings of $1.72 to $1.82 a share, down from its earlier view of $1.75 to $1.85 a share. Analysts expect earnings of $1.79 a share, before items.


Read more at Reuters.com Market News

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