China Distance Education (DL) Tops Q3 EPS by 11c; Guides Q4, FY16
China Distance Education (NYSE: DL) reported Q3 EPS of $0.22, $0.11 better than the analyst estimate of $0.11. Revenue for the quarter came in at $30.8 million versus the consensus estimate of $28.1 million.
Total course enrollments reached 956,000, an increase of 12.5% from the third quarter of fiscal 2015.
China Distance Education sees Q4 2016 revenue of $35.6-37.4 million, versus the consensus of $34.2 million.
China Distance Education sees FY2016 revenue of $114.8-116.6 million, versus the consensus of $111.6 million.
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