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

Nord Anglia Education Inc (NORD) reported quarterly earnings results on Tuesday, Jul-26-2016. The company said it had a profit of $0.28 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.27. The company posted revenue of $253.80 million in the period, compared to analysts expectations of $246.27 million. The company’s revenue was up 49.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.

Many Wall Street Analysts have commented on Nord Anglia Education Inc. Nord Anglia Education Inc was Downgraded by Credit Agricole to ” Outperform” on Jun 13, 2016.

Nord Anglia Education Inc opened for trading at $21.49 and hit $21.53 on the upside on Wednesday, eventually ending the session at $21.46, with a gain of 0.19% or 0.04 points. The heightened volatility saw the trading volume jump to 65,467 shares. Company has a market cap of $2,234 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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