Xueda Education (XUE) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS
Xueda Education (NYSE:XUE) posted its quarterly earnings results on Monday. The company reported $0.27 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.29 by $0.02, American Banking and Market News reports. The company had revenue of $120.80 million for the quarter, compared to the consensus estimate of $131.00 million. During the same quarter in the prior year, the company posted $0.26 earnings per share.
Xueda Education (NYSE:XUE) traded up 3.81% during mid-day trading on Monday, hitting $4.63. The stock had a trading volume of 183,448 shares. Xueda Education has a 52-week low of $3.68 and a 52-week high of $7.70. The stock’s 50-day moving average is $4.40 and its 200-day moving average is $5.11. The company has a market cap of $308.9 million and a P/E ratio of 20.37.
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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