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

Educational Development

07/07/2022 23:19

* Educational Development Corp  EDUC.OQ  reported quarterly
adjusted earnings of 3 cents​​ per share for the quarter ended
in May. The lone analyst forecast for the quarter was
for earnings of 28 cents per share.
    * Revenue was $23.16 million​;  analysts expected $39.99
million. 
    * Educational Development Corp's reported EPS for the
quarter was
3 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.4%
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 fallen by 1.3%
this
quarter and lost 54.1% so far this year.
    * The company reported quarterly net income of $216
thousand.
    * Wall Street's median 12-month price target for Educational
Development Corp is $8.50 
    * 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 July 7 at 10:19 p.m.  ​All
figures in US dollars unless otherwise stated