Nord Anglia Education Inc (NORD) Releases Earnings Results, Misses Expectations By $-0.01 EPS

Nord Anglia Education Inc (NORD) reported quarterly earnings results on Tuesday, Apr-26-2016. The company reported $0.27 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.28. The company posted revenue of $243.50 million in the period, compared to analysts expectations of $245.53 million. The company’s revenue was up 48.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS.

Many Wall Street Analysts have commented on Nord Anglia Education Inc. Nord Anglia Education Inc was Resumed by Credit Suisse to “Outperform” on Feb 3, 2016.

Nord Anglia Education Inc opened for trading at $21.57 and hit $22.04 on the upside on Friday, eventually ending the session at $22.03, with a gain of 1.33% or 0.29 points. The heightened volatility saw the trading volume jump to 1,14,570 shares. Company has a market cap of $2,293 M.

Nord Anglia Education Inc. is an international operator of premium schools. The Company teaches children from kindergarten through the end of secondary school (K-12) at its 27 premium schools in China Europe the Middle East and Southeast Asia (ME/SEA) and North America. As of March 11 2014 the Company has schools by 1980 places developed two greenfield schools with a total of 3000 places and acquired 19 schools with a total of 11364 places. On May 22 2013 the Company purchased 100% interest of WCL Group Limited and acquired its 11 schools in North America the Middle East and Europe.

Nord Anglia Education Inc

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