China Distance Education Holdings (DL) Announces Quarterly Results
China Distance Education Holdings (NYSE:DL) issued its quarterly earnings data on Wednesday. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.05, StockRatingsNetwork reports. The company had revenue of $25.00 million for the quarter, compared to the consensus estimate of $23.74 million.
On the ratings front, analysts at Piper Jaffray raised their price target on shares of China Distance Education Holdings from $27.00 to $28.00 in a research note on Thursday, May 22nd.
China Distance Education Holdings (NYSE:DL) traded up 1.97% during mid-day trading on Wednesday, hitting $17.06. 121,064 shares of the company’s stock traded hands. China Distance Education Holdings has a 1-year low of $9.30 and a 1-year high of $28.75. The stock has a 50-day moving average of $16.09 and a 200-day moving average of $18.08. The company has a market cap of $608.6 million and a P/E ratio of 37.18.
China Distance Education Holdings Limited (NYSE:DL) offers a range of online education and test preparation courses and other related services and products.
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