Sunlands Technology Group ($STG) 2Q20 Earnings Preview

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Sunlands Technology Group (NYSE:STG) online education services, is expected to report second quarter earnings results, before market open, on Friday 14th August 2020.

The Company Outlook

Revenue for 2Q20 are expected in a range of $ 70.61 million ~ $ 73.44 million

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Previous Quarter Performance

Sunlands Technology Group unwinded loss for the first quarter of $ 1.36 per share, from the revenue of $ 79.81 million. According to street consensus, revenue of was expected for the first quarter The bottom line results street analysts by $ 0.23 or , at the same time, top line results analysts by $ 0.52 million or .

Historical Earnings Performance
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Stock Performance

According to the previous trading day, closing price of STG was $ 1.92, representing a 182.35 % increase from the 52 week low of $ 0.68 and a 36.21 % decrease over the 52 week high of $ 3.01.

The company has a market capital of $ 326.48 million and is part of the Consumer Defensive sector and Education & Training Services industry.

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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.