Educational Development Corp reports results for the quarter ended in August - Earnings Summary

Educational Development

07/10/2022 17:29

* Educational Development Corp  EDUC.OQ  reported a
quarterly
adjusted loss of 10 cents​​ per share for the quarter ended in
August. The lone analyst forecast for the quarter was
for earnings of 4 cents per share.
    * Revenue was $19.42 million​; analysts expected $26.40
million. 
    * Educational Development Corp's reported EPS for the
quarter was
a loss of 10 cents​.
    * The mean earnings estimate of analysts had fallen by
about 77.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Educational Development Corp shares had risen by 3.3% this
quarter and lost 72.5% so far this year.
    * The company reported a quarterly loss of $802 thousand.
    * Wall Street's median 12-month price target for Educational
Development Corp is $5.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October 7
at 04:28 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2022      0.04           -0.10          Missed
 May. 31 2022      0.28           0.03           Missed
 Feb. 28 2022      0.02           0.04           Beat
 Nov. 30 2021      0.41           0.31           Missed