Nord Anglia Education (NORD) Misses Q1 EPS by 2c

Nord Anglia Education (NYSE: NORD) reported Q1 EPS of $0.25, $0.02 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $261 million versus the consensus estimate of $261.91 million.

Andrew Fitzmaurice, CEO of Nord Anglia Education stated, "First quarter results were in line with our expectations and we are pleased with the positive trends and full-year outlook for the business. Our collaborations with The Julliard School and Massachusetts Institute of Technology (MIT) help our students develop the 21st century skills they need to thrive in a rapidly changing world and the expansion of these programs is an important initiative. Nord Anglia Education is also collaborating with UNICEF this year to raise awareness of the Global Goals for Sustainable Development to further benefit our students. In fiscal 2017, we are making a number of strategic investments that will further establish Nord Anglia Education as the leader in the global premium schools market and drive long-term shareholder value."

For earnings history and earnings-related data on Nord Anglia Education (NORD) click here.

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