Tarena International (NASDAQ:TEDU) released its quarterly earnings data on Monday. The business services provider reported ($0.23) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.19), Morningstar.com reports. Tarena International had a negative net margin of 16.34% and a negative return on equity of 24.83%. The company had revenue of $102.86 million during the quarter. Tarena International updated its Q4 2018 guidance to EPS and its FY 2018 guidance to EPS.

NASDAQ:TEDU opened at $7.26 on Wednesday. Tarena International has a one year low of $6.89 and a one year high of $15.45. The firm has a market capitalization of $454.39 million, a price-to-earnings ratio of 15.78 and a beta of 0.74.

Several large investors have recently added to or reduced their stakes in TEDU. Dimensional Fund Advisors LP grew its holdings in Tarena International by 4.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 433,886 shares of the business services provider’s stock valued at $3,523,000 after buying an additional 17,389 shares in the last quarter. BlackRock Inc. grew its holdings in Tarena International by 5.0% during the 3rd quarter. BlackRock Inc. now owns 709,415 shares of the business services provider’s stock valued at $5,760,000 after buying an additional 33,904 shares in the last quarter. Bank of Montreal Can purchased a new position in Tarena International during the 3rd quarter valued at about $130,000. Renaissance Technologies LLC grew its holdings in Tarena International by 46.6% during the 2nd quarter. Renaissance Technologies LLC now owns 573,400 shares of the business services provider’s stock valued at $4,341,000 after buying an additional 182,395 shares in the last quarter. Finally, Summit Global Investments purchased a new position in Tarena International during the 2nd quarter valued at about $681,000. Hedge funds and other institutional investors own 30.48% of the company’s stock.

TEDU has been the topic of several research reports. Zacks Investment Research upgraded shares of Tarena International from a “sell” rating to a “hold” rating in a report on Tuesday, August 14th. BidaskClub upgraded shares of Tarena International from a “strong sell” rating to a “sell” rating in a report on Saturday, October 13th. Finally, Jefferies Financial Group downgraded shares of Tarena International from a “hold” rating to an “underperform” rating in a report on Wednesday. Two analysts have rated the stock with a sell rating and five have given a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $12.93.

ILLEGAL ACTIVITY NOTICE: “Tarena International (TEDU) Releases Quarterly Earnings Results” was published by Daily Political and is owned by of Daily Political. If you are viewing this news story on another site, it was illegally copied and republished in violation of United States & international trademark & copyright laws. The original version of this news story can be viewed at https://www.dailypolitical.com/2018/11/21/tarena-international-tedu-releases-quarterly-earnings-results.html.

Tarena International Company Profile

Tarena International, Inc, through its subsidiaries, provides professional education services through full-time and part-time classes in the People's Republic of China. It offers education courses in 13 information technology (IT) subjects, such as Java, .NET, C++, software testing, embedded, PHP, Android, iOS, Linux and network engineering, Big Data, Web front-end development, VR/AR, and Python; and 3 non-IT subjects, including digital art, online sales and marketing, and accounting through live distance instruction, classroom-based tutoring, and online learning modules.

Recommended Story: Trading Strategy Methods and Types

Earnings History for Tarena International (NASDAQ:TEDU)

Receive News & Ratings for Tarena International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tarena International and related companies with MarketBeat.com's FREE daily email newsletter.