Bright Scholar Education (NYSE:BEDU) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Bright Scholar Education (NYSE:BEDU) issued its earnings results on Thursday. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.22 by $0.03, Yahoo Finance reports. Bright Scholar Education had a net margin of 4.62% and a return on equity of 8.63%.

Shares of Bright Scholar Education stock opened at $6.18 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.26 and a debt-to-equity ratio of 0.67. The company’s fifty day simple moving average is $5.96 and its two-hundred day simple moving average is $6.74. The company has a market cap of $765.83 million, a P/E ratio of 32.53 and a beta of 0.97. Bright Scholar Education has a 12-month low of $5.51 and a 12-month high of $9.30.

Separately, Zacks Investment Research downgraded shares of Bright Scholar Education from a “hold” rating to a “strong sell” rating in a research report on Tuesday.

About Bright Scholar Education

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.

Read More: Net Income

Earnings History for Bright Scholar Education (NYSE:BEDU)

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