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

Posted by Andrew Walz on Apr 18th, 2024

Bright Scholar Education (NYSE:BEDU – Get Free Report) will be releasing its earnings data before the market opens on Friday, April 19th.

Bright Scholar Education (NYSE:BEDU – Get Free Report) last released its earnings results on Monday, February 5th. The company reported $0.28 earnings per share (EPS) for the quarter. The company had revenue of $80.26 million for the quarter.

Bright Scholar Education Stock Performance

Shares of BEDU traded down $0.06 during trading hours on Thursday, hitting $1.88. 2,404 shares of the company were exchanged, compared to its average volume of 11,975. Bright Scholar Education has a fifty-two week low of $0.81 and a fifty-two week high of $3.23. The firm’s fifty day moving average is $1.99 and its 200 day moving average is $1.52.

Institutional Trading of Bright Scholar Education

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

Wall Street Analyst Weigh In

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

Read Our Latest Report on BEDU

About Bright Scholar Education

(Get Free Report)

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.