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

Nord Anglia Education Inc (NORD) announced its most recent quarterly financial results on Tuesday, Nov-29-2016. NORD said it had a profit of $-0.14 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 $-0.15. The company posted revenue of $115.10 million in the period, compared to analysts expectations of $111.08 million. NORD’s revenue was up 27.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.22 EPS.

Nord Anglia Education Inc closed down -0.42 points or -1.77% at $23.36 with 34,625 shares getting traded on Friday. Post opening the session at $23.8, the shares hit an intraday low of $23.36 and an intraday high of $23.89 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

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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