Duol stock price resilience at $245 aligns with bullish
Duol stock price resilience at $245 aligns with bullish macro sentiment toward digital learning. Predictive models based on historical seasonality suggest a potential 6–8% lift over the next two months. If you see things differently or want to dive deeper with your own research, you can easily put together your own take in just a few minutes with Do it your way. Duolingo ( NASDAQ:DUOL - Get Free Report ) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.36. The company had revenue of $252.27 million for the quarter, compared to analysts' expectations of $240.84 million. Duolingo had a return on equity of 13.32% and a net margin of 13.24%.The firm's revenue for the quarter was up 41.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.51 earnings per share. As a group, equities research analysts predict that Duolingo, Inc. will post 2.03 earnings per share for the current year. With Duol stock price trending above its 50-day moving average of $230, traders are watching for a breakout past $
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