Bright Scholar Education (BEDU) Set to Announce Quarterly Earnings on Friday

Bright Scholar Education (NYSE:BEDU) will announce its earnings results before the market opens on Friday, April 19th.

Bright Scholar Education (NYSE:BEDU) last announced its quarterly earnings data on Monday, February 5th. The company reported $0.28 earnings per share (EPS) for the quarter. The company had revenue of $80.26 million during the quarter.

Bright Scholar Education Trading Down 3.1 %

Shares of Bright Scholar Education stock traded down $0.06 during midday trading on Thursday, hitting $1.88. The company had a trading volume of 2,404 shares, compared to its average volume of 11,975. The business’s 50 day simple moving average is $1.99 and its two-hundred day simple moving average is $1.52. Bright Scholar Education has a 1-year low of $0.81 and a 1-year high of $3.23.

Analyst Upgrades and Downgrades

Separately, TheStreet cut Bright Scholar Education from a “c-” rating to a “d-” rating in a research report on Monday, February 5th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Bright Scholar Education stock. Renaissance Technologies LLC increased its position in Bright Scholar Education Holdings Limited (NYSE:BEDU) by 16.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 337,700 shares of the company’s stock after purchasing an additional 48,100 shares during the quarter. Renaissance Technologies LLC owned approximately 0.28% of Bright Scholar Education worth $203,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 26.05% of the company’s stock.

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, Hong Kong, Canada, the United States, and the United Kingdom. The company operates in three segments: Overseas Schools; Complementary Education Services; and Domestic Kindergartens and K-12 Operation Services.