Financial OutlookAnalyst concerns are heightened as the company lowers its full year revenue outlook, attributing the revision to foreign exchange volatility and decreased estimates for cross-border education in Canada.
Market SentimentInvestor confidence is shaken by the revised FY24 guidance, which suggests a significant negative effect from foreign exchange headwinds, independent of the company's organic performance.
Regulatory RisksImpact of more restrictive student visa programs in Canada and potential concerns over a more restrictive international student visa program in the US post-elections could dampen growth prospects.