EDU: Expect Better FY1Q19 Topline Results; Increasing Investments for Market Share Expansion and Increasing Fees to Comply With New Regulations
EDU will report FY1Q19 results on Tuesday, October 23rd before the markets open with an 8am EST conference call. We believe EDU’s FY1Q19 revenue is likely to be higher than consensus at $841.3M. Although we are positive for its FY1Q19, there are some issues with FY2Q19, as EDU is experiencing issues related to new government policies.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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