Bright Scholar Education Holdings Limited ($BEDU) 4Q20 Earnings Sneak Peek

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Bright Scholar Education Holdings Limited (NYSE:BEDU) is set to announce fourth quarter earning results on Wednesday 11th November 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, BEDU to report 4Q20 income of $ 0.02 per share.

For the full year, analysts anticipate top line of $ 516.59 million, while looking forward to income of $ 0.40 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 472.33 million ~ $ 486.35 million

Click Here For More Historical Outlooks Of Bright Scholar Education Holdings Limited

Previous Quarter Performance

Bright Scholar Education Holdings Limited posted income for the third quarter of $ 0.06 per share, from the revenue of $ 103.63 million. The quarterly earnings fell 68.42 percent compared with the same quarter last year. According to street consensus, BEDU was expected to report 3Q20 income of $ 0.07 per share from revenue of $ 105.21 million. The bottom line results missed street analysts by $ 0.01 or 14.29 percent, at the same time, top line results fell short of analysts by $ 1.58 million or 1.5 percent.

Stock Performance

Shares of Bright Scholar Education Holdings Limited traded low $ 0.00 or 0.00 percent on Tuesday, reaching $ 6.46 with volume of 5.90 thousand shares. Bright Scholar Education Holdings Limited has traded high as $ 6.50 and has cracked $ 6.36 on the downward trend

The closing price of $ 6.46, representing a 17.24 % increase from the 52 week low of $ 5.51 and a 33.74 % decrease over the 52 week high of $ 9.75.

The company has a market capital of $ 778.75 million and is part of the Consumer Defensive sector and Education & Training Services industry.

Bright Scholar Education Holdings Limited operates K-12 schools in China. Its schools comprise international schools, bilingual schools, and kindergartens. The company also offers a range of complementary education services, including international camps and after-school programs, as well as international education consulting services.