Sunlands Technology Group (NYSE:STG) online education services, is expected to report third quarter earnings results, before market open, on Wednesday 18th November 2020.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 70.77 million ~ $ 73.60 million
Click Here For More Historical Outlooks Of Sunlands Technology Group
Previous Quarter Performance
Sunlands Technology Group posted loss for the second quarter of $ 2.65 per share, from the revenue of $ 72.54 million. Street analysts expected $ 74.35 million. The top line results fell short of analysts by $ 1.81 million or 2.43 percent.
Stock Performance
Shares of Sunlands Technology Group traded up $ 0.13 or 7.99 percent on Tuesday, reaching $ 1.69 with volume of 49.10 thousand shares. Sunlands Technology Group has traded high as $ 1.70 and has cracked $ 1.54 on the downward trend
According to the previous trading day, closing price of $ 1.69, representing a 130.88 % increase from the 52 week low of $ 0.68 and a 44.13 % decrease over the 52 week high of $ 2.81.
The company has a market capital of $ 284.31 million and is part of the Consumer Defensive sector and Education & Training Services industry.
Conference Call
Sunlands Technology Group will be hosting a conference call at 7:30 AM eastern time on 18th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, +1-888-346-8982 U.S. or +1-412-902-4272 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.sunlands.com
Sunlands Technology Group, through its subsidiaries, provides online education services in the Peoples Republic of China. The company offers various degree- and diploma-oriented post-secondary courses, including preparation courses for the self-taught higher education examination (STE) for learners pursuing associate diplomas or bachelors degrees, as well as for the entrance examinations of master of business administration programs. Its STE courses cover 18 majors, including Chinese language and literature, law, pre-school education, project management, marketing, English, human resource management, business administration, business management, modern corporate governance, finance, financial management, advertising, accounting, energy management, administrative management, international trade, and computer information management.
