China Liberal Education H1 EPS $0.01 Down From $0.09 YoY, Sales $9.02M Up From $2.74M YoY
Portfolio Pulse from Benzinga Newsdesk
China Liberal Education (NASDAQ:CLEU) reported H1 earnings of $0.01 per share, a decrease of 88.89% YoY. However, the company's sales increased by 229.67% to $9.02 million, up from $2.74 million YoY.
October 19, 2023 | 1:03 pm
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NEUTRAL IMPACT
China Liberal Education reported a significant decrease in earnings but a substantial increase in sales YoY.
The company's earnings have significantly decreased, which could negatively impact the stock price. However, the substantial increase in sales could offset this negative impact and potentially drive the stock price up. Therefore, the overall impact is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100