QuantaSing Group Ltd QSG.OQ reported quarterly adjusted earnings of 9 cents per share for the quarter ended March 31, identical to the same quarter last year. The lone analyst forecast for the quarter was for earnings of 18 cents per share.
Revenue fell 39.9% to $78.65 million from a year ago; analysts expected $83.14 million.
QuantaSing Group Ltd's reported EPS for the quarter was 9 cents.
The company reported quarterly net income of $5.67 million.
QuantaSing Group Ltd shares had risen by 39.1% this quarter and gained 158.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 56.5% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the miscellaneous educational service providers peer group is "buy."
Wall Street's median 12-month price target for QuantaSing Group Ltd is $6.10
This summary was machine generated from LSEG data June 6 at 01:30 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)