Favorable News Coverage Somewhat Unlikely to Affect Career Education (CECO) Share Price

Press coverage about Career Education (NASDAQ:CECO) has been trending positive on Friday, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Career Education earned a news impact score of 0.26 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.1821164404102 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:

Shares of Career Education (CECO) traded up $1.80 during mid-day trading on Friday, reaching $13.71. 763,100 shares of the company traded hands, compared to its average volume of 236,759. Career Education has a 52 week low of $7.62 and a 52 week high of $13.92. The stock has a market capitalization of $822.91, a PE ratio of -28.21 and a beta of 2.73.

Career Education (NASDAQ:CECO) last released its quarterly earnings results on Wednesday, February 21st. The company reported $0.12 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.07. Career Education had a negative net margin of 5.35% and a positive return on equity of 6.54%. The business had revenue of $143.12 million for the quarter, compared to the consensus estimate of $141.30 million. During the same period last year, the firm earned ($0.44) earnings per share. The company’s quarterly revenue was down 7.8% on a year-over-year basis. equities research analysts expect that Career Education will post 0.81 EPS for the current fiscal year.

Separately, BidaskClub cut shares of Career Education from a “buy” rating to a “hold” rating in a report on Wednesday, December 6th.

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Career Education Company Profile

Career Education Corporation, through its colleges, institutions and universities, offers education to students in a range of career-oriented disciplines through online, on-ground and hybrid learning programs. The Company’s American InterContinental University (AIU) and Colorado Technical University (CTU) provide degree programs through the master’s or doctoral level as well as associate and bachelor’s levels.

Insider Buying and Selling by Quarter for Career Education (NASDAQ:CECO)

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