Xueda Education (XUE) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS
Xueda Education (NYSE:XUE) issued its quarterly earnings data on Tuesday. The company reported $0.06 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.03 by $0.03, AnalystRatings.Net reports. The company had revenue of $85.30 million for the quarter, compared to the consensus estimate of $84.00 million. During the same quarter last year, the company posted $0.03 earnings per share.
Shares of Xueda Education (NYSE:XUE) traded down 2.92% during mid-day trading on Tuesday, hitting $4.66. 40,510 shares of the company’s stock traded hands. Xueda Education has a 52-week low of $2.84 and a 52-week high of $7.70. The stock’s 50-day moving average is $5.34 and its 200-day moving average is $5.81. The company has a market cap of $286.3 million and a price-to-earnings ratio of 20.00.
Xueda Education Group, incorporated on April 24, 2009, is a holding company. Through its subsidiaries, it is engaged in providing tutoring services for primary and secondary school students in China with a focus on offering personalized tutoring services.
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