Tarena International Q2 Adj EPADS $0.10 Beats $(0.02) Estimate, Sales $75.16M Beat $71.96M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tarena International (NASDAQ:TEDU) reported Q2 earnings of $0.10 per share, beating the analyst consensus estimate of $(0.02) by 600%. The company also reported quarterly sales of $75.16 million, beating the analyst consensus estimate of $71.96 million by 4.45%. However, this represents a decrease from the same period last year in both earnings and sales.
August 29, 2023 | 7:37 am
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Tarena International's Q2 earnings and sales exceeded analyst estimates, but showed a decrease from the same period last year.
While Tarena International beat analyst estimates for Q2 earnings and sales, the decrease from the same period last year could potentially concern investors. This mixed result makes the short term impact on the stock price uncertain.
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