Reported Earlier, Bright Scholar Education Q4 Adj. EPADS $(0.52) Down From $(0.49) YoY, Sales $77.12M Up From $59.92M YoY
Portfolio Pulse from Benzinga Newsdesk
Bright Scholar Education (NYSE:BEDU) reported a Q4 adjusted EPS loss of $(0.52), a slight decrease from $(0.49) YoY. However, sales increased by 28.70% to $77.12M from $59.92M YoY.
November 28, 2023 | 6:12 am
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NEUTRAL IMPACT
Bright Scholar Education reported a higher Q4 adjusted EPS loss YoY, but also a significant increase in sales.
The widening loss may concern investors, but the substantial increase in sales could indicate growth potential. The mixed results make the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100