Xueda Education Group (XUE) Tops Q2 EPS by 5c; Guides Q3 Revs Below Views
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Xueda Education Group (NYSE: XUE) reported Q2 EPS of $0.23, $0.05 better than the analyst estimate of $0.18. Revenue for the quarter came in at $71.6 million versus the consensus estimate of $66.79 million.
Total number of students served in the second quarter of 2011 increased by 50.7% year-over-year to approximately 66,340 students from approximately 44,020 students for the second quarter of 2010.
Sees Q311 revenue of $50-$52 million, versus the consensus of $56.50 million.
Total number of students served in the second quarter of 2011 increased by 50.7% year-over-year to approximately 66,340 students from approximately 44,020 students for the second quarter of 2010.
Sees Q311 revenue of $50-$52 million, versus the consensus of $56.50 million.
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