EDU: Expect Continued Growth in FY3Q19 Driven By Enrollment Growth In K-12; Maintain BUY
EDU will report FY3Q19 results on April 23rd before the markets open with an 8am EST conference call. We are positive on EDU into FY3Q19. Based on our data and analysis, we believe EDU’s FY3Q19 revenue is likely to be better than consensus. The current major risk for education companies is government regulations, specifically for online education, as regulations for offline occurred in 2018.
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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