China Online Education Group (NYSE:COE) Issues Q2 2021 Earnings Guidance

News Snapshot:

China Online Education Group (NYSE:COE) updated its second quarter 2021 earnings guidance on Monday. The company provided EPS guidance of – for the period. The company issued revenue guidance of $91.12 million-$92.04 million, compared to the consensus revenue estimate of $97.22 million. Shares of NYSE COE traded down $0.45 during mid-day trading on Monday, reaching $18.15. 594 shares of the company’s stock were exchanged, compared to its average volume of 26,111. The firm has a market capitalization of $391.60 million, a price-to-earnings ratio of 24.93 and a beta of -0.85. China Online Education Group has a 52-week low of $18.00...