Bright Scholar Education (NYSE:BEDU) Releases Earnings Results, Beats Expectations By $0.34 EPS

Bright Scholar Education (NYSE:BEDU) announced its quarterly earnings results on Tuesday. The company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.34, Fidelity Earnings reports. Bright Scholar Education had a return on equity of 5.44% and a net margin of 2.01%.

Shares of BEDU stock traded up $0.13 during midday trading on Thursday, reaching $4.06. 234 shares of the stock were exchanged, compared to its average volume of 25,762. Bright Scholar Education has a 1 year low of $3.73 and a 1 year high of $8.70. The company has a 50 day simple moving average of $4.08. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.28 and a current ratio of 1.29. The firm has a market cap of $484.20 million, a price-to-earnings ratio of 51.38 and a beta of 0.93.

A number of brokerages recently issued reports on BEDU. Zacks Investment Research upgraded Bright Scholar Education from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 13th. Morgan Stanley restated an “underweight” rating and set a $2.70 price target on shares of Bright Scholar Education in a report on Tuesday, May 18th.

Bright Scholar Education Company Profile

Bright Scholar Education Holdings Limited, an education service provider, operates and provides K-12 schools and complementary education services in China and internationally. Its schools comprise international and 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.

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Earnings History for Bright Scholar Education (NYSE:BEDU)

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