STG Earnings Prediction
The chart below shows how STG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, STG sees a -0.68% change in stock price 10 days leading up to the earnings, and a -23.43% change 10 days following the report. On the earnings day itself, the stock moves by +2.15%. This data can give you a slight idea of what to expect for the next quarter's release.
STG Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
491.26M
-6.36%
-0.19%
Gross Margin
83.29%
-5.12%
-1.35%
Operating Margin
13.39%
-42.43%
-14.06%
Net Margin
18.18%
-27.54%
8.80%
EPS
13.08
-31.63%
9.00%
No Data Available
STG Earnings Analysis
Sunlands Technology Group Corporation (STG.N) Earnings Conference Call
Positive
Quarterly Revenue Decline: Our total revenue for the quarter stood at RMB 491.3 million, representing a modest sequential decline of 0.2%.
Net Profit Increase: Our net profit reached RMB 89.3 million, an 8.6% increase from the previous quarter, driven by our strategic realignment towards high-return areas.
Enrollment Growth Achievement: In the first nine months of this year, our total enrollments grew by 11.2% year-over-year, highlighting the effectiveness of our strategies.
Strategic Innovation Investment: We are continuing to invest strategically in innovation and are confident that our efforts to optimize our portfolio will drive long-term growth.
Strong Liquidity Position: As of September 30, 2024, the company had RMB 535.9 million of cash, cash equivalents and restricted cash, indicating strong liquidity.
Negative
Net Revenue Decline: For the third quarter of 2024, net revenues decreased by 6.4% to RMB 491.3 million from RMB 524.6 million in the third quarter of 2023.
Cost of Revenues Increase: Cost of revenues increased by 28% to RMB 82.1 million in the third quarter of 2024 from RMB 64.1 million in the third quarter of 2023.
Gross Profit Decline: Gross profit decreased by 11.1% to RMB 409.2 million in the third quarter of 2024 from RMB 460.5 million in the third quarter of 2023.
Operating Expenses Increase: Operating expenses were RMB 343.4 million, representing a 1.4% increase from RMB 338.9 million in the third quarter of 2023.
Net Income Comparison: Net income for the third quarter of 2024 was RMB 89.3 million compared to RMB 131.6 million in the third quarter of 2023.
STG FAQs
How does STG typically perform around its earnings report dates?
Is Sunlands Technology Group (STG) Q3 2024 Earnings Call Summary positive or negative?
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STG Earning Call Sentiment
Sunlands Technology Group (STG) Q3 2024 Earnings Call Transcript
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00:00
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STG.N
-4.11%Positive
The earnings call presents a mixed picture with several negative indicators. While there is a net profit increase and strategic focus on high-return areas, revenue has declined significantly YoY, and Q4 guidance predicts further declines. Increased costs, reduced cash flow, and lack of a share repurchase program further contribute to a negative outlook. The absence of significant Q&A insights does not alter this view. Given the market cap is unknown, the prediction leans towards a 'Negative' sentiment, anticipating a stock price change between -2% to -8%.
