China Distance Education Holdings Limited (NYSE:DL) is set to issue its quarterly earnings data after the market closes on Wednesday, August 23rd.

China Distance Education Holdings Limited (NYSE:DL) last posted its earnings results on Wednesday, May 17th. The technology company reported ($0.07) EPS for the quarter, missing the Zacks’ consensus estimate of $0.05 by $0.12. China Distance Education Holdings Limited had a net margin of 20.98% and a return on equity of 49.30%. The firm had revenue of $21.86 million for the quarter. During the same period last year, the firm earned $0.09 earnings per share. On average, analysts expect China Distance Education Holdings Limited to post $0.650 EPS for the current fiscal year and $0.620 EPS for the next fiscal year.

Shares of China Distance Education Holdings Limited (NYSE DL) opened at 7.005 on Wednesday. The stock has a market cap of $230.91 million, a PE ratio of 9.109 and a beta of 1.50. China Distance Education Holdings Limited has a 52-week low of $6.78 and a 52-week high of $13.83. The company’s 50-day moving average is $7.75 and its 200-day moving average is $9.46.

A hedge fund recently raised its stake in China Distance Education Holdings Limited stock. State Street Corp boosted its stake in China Distance Education Holdings Limited (NYSE:DL) by 29.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 38,439 shares of the technology company’s stock after buying an additional 8,776 shares during the period. State Street Corp owned about 0.12% of China Distance Education Holdings Limited worth $343,000 at the end of the most recent quarter. 19.57% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have commented on DL shares. Credit Suisse Group AG cut shares of China Distance Education Holdings Limited from a “neutral” rating to an “underperform” rating in a report on Friday, May 19th. ValuEngine cut shares of China Distance Education Holdings Limited from a “buy” rating to a “hold” rating in a report on Friday, June 2nd.

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About China Distance Education Holdings Limited

China Distance Education Holdings Limited is a holding company. The Company is engaged in providing online and offline education services, and selling related products in the People’s Republic of China (PRC). The Company’s segments include online education services, business start-up training services and the sale of learning simulation software.

Earnings History for China Distance Education Holdings Limited (NYSE:DL)

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