Rise Education Cayman Ltd expected to post earnings of 6 cents a share - Earnings Preview

NaaS Technology

09/11/2021 03:03

* Rise Education Cayman Ltd  REDU.OQ   REDU.O  is expected
to report results on November 10 (estimated).
* The Beijing-based company is expected to report revenue of
$44.481 million, according to the estimate from one analyst,
based on Refinitiv data.  
​* Refinitiv's mean analyst estimate for Rise Education Cayman
Ltd is for earnings of 6 cents per share. For the same quarter
last year, the company reported a loss of 13 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Rise Education
Cayman Ltd is $4.6​, about 83.5% above​ its last closing price
of $0.76. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.00        0.00       -0.05     Missed  -1,184
                                                        .6
 Dec. 31 2021  0.14        0.14       0.15      Beat    9.7
 Sep. 30 2020  0.03        0.03       0.09      Beat    197.8​
 Jun. 30 2020  -0.27       -0.27      -0.13     Beat    51.8
 ​​Mar.        -0.50       -0.50      -0.25     Beat    49.5
 31 2020                                                
 Dec. 31 2019  0.08        0.08       0.17      Beat    118.2​
 Sep. 30 2019  0.09        0.09       0.12      Beat    32.8
 Jun. 30 2019  0.12        0.12       0.14      Beat    21.7
 This summary was machine generated November 9 at 03:03 GMT.  All
figures in US dollars unless otherwise stated