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Xueda Education Group Issues Q1 2013 Guidance; EPS Guidance Above Analysts' Estimates; Issues FY 2013 Revenue Guidance In Line With Analysts' Estimates


Wednesday, 27 Feb 2013 05:00pm EST 

Xueda Education Group announced that for the first quarter of 2013, it expects net revenue to be in the estimated range of $79.0 million to $80.0 million. Non-GAAP diluted net income attributable to Xueda Education Group per ADS to be in the estimated range of $0.03 to $0.04. This estimate assumes an effective income tax rate of 25% and weighted average ADSs of 65.8 million. For fiscal 2013, it expects net revenue to be in the estimated range of $342.0 to $352.0 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $79.5 million and EPS of $0.01 for the first quarter of 2013; revenues of $349.6 million for fiscal 2013 

Company Quote

2.44
0.15 +6.55%
29 Jan 2015