Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Xueda Education Slips To Loss In Q4 - Quick Facts

RELATED NEWS
Trade XUE now with 

Xueda Education Group (XUE: Quote) posted fourth-quarter loss of $9.9 million versus profit of $891 thousand a year ago. Loss per ADS was $0.15, compared to earnings per ADS of $0.01 in the same quarter last year.

Non-GAAP net loss per ADS was $0.14, compared to non-GAAP net income per ADS of $0.02 in the prior-year quarter. On average, five analysts polled by Thomson Reuters expected the company to report loss of $0.09 per share. Analysts' estimates typically exclude special items.

Total net revenues were up 28.2% year-over-year to $47.75 million. Analysts estimated revenues of $43.71 million.

Total number of students served in the quarter increased by 19.2% year-over-year to 53,489 students. Course hours delivered increased 9.0% year-over-year to 1.83 million hours, while average hourly course fee was up 16.3% year-over-year to $27.1.

Looking ahead, the company currently expects its net revenue for the first quarter to be in the estimated range of $59.7 million to $62.2 million, an increase of approximately 17.5% to 22.5% from the same quarter of the previous year. Analysts estimate revenues of $58.37 million.

The company currently expects its net revenue for the full year 2012 will be in the estimated range of $272 million to $282 million, an increase of approximately 22.5% to 27.0% from the full year 2011. Analysts estimate revenues of $275.89 million.

Register
To receive FREE breaking news email alerts for Xueda Education Group and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Stocks moved sharply lower over the course of the trading day on Wednesday, adding to the modest weakness seen in the two previous sessions. With the losses on the day, the major averages fell to their lowest closing levels in over a month. Democrats have climbed into the lead on a generic ballot, according to the results of a new CNN/ORC International poll, although the results may not be as positive for the party as they first appear. With spending on private and public construction both showing notable decreases, the Commerce Department released a report on Wednesday showing an unexpected drop in U.S. construction spending in the month of August.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.