Tarena International's Earnings: A Preview - Tarena International (NASDAQ:TEDU)

Logo BenzingaBenzinga
2023-06-09 14:00:58  • 2 mins

Tarena International TEDU is set to give its latest quarterly earnings report on Monday, 2023-06-12. Here's what investors need to know before the announcement.

Analysts estimate that Tarena International will report an earnings per share (EPS) of $-1.93.

Tarena International bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Tarena International's past performance and the resulting price change:

Stock Performance

Shares of Tarena International were trading at $3.445 as of June 08. Over the last 52-week period, shares are down 22.43%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

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