New Oriental Education & Tech. Group (EDU) to Release Quarterly Earnings on Tuesday
New Oriental Education & Tech. Group (NYSE:EDU) will be posting its quarterly earnings results on Tuesday, January 21st. Individual interested in registering for the company’s earnings conference call can do so using this link.
New Oriental Education & Tech. Group (NYSE:EDU) last released its earnings data on Wednesday, October 23rd. The company reported $0.84 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.79 by $0.05. The company had revenue of $388.70 million for the quarter, compared to the consensus estimate of $397.90 million. During the same quarter last year, the company posted $0.65 earnings per share. New Oriental Education & Tech. Group’s revenue was up 15.8% compared to the same quarter last year. On average, analysts expect New Oriental Education & Tech. Group to post $1.25 EPS for the current fiscal year and $1.54 EPS for the next fiscal year.
New Oriental Education & Tech. Group (NYSE:EDU) opened at 33.68 on Monday. New Oriental Education & Tech. Group has a one year low of $14.40 and a one year high of $34.49. The stock has a 50-day moving average of $30.62 and a 200-day moving average of $25.93. The company has a market cap of $5.225 billion and a price-to-earnings ratio of 30.87.
A number of research firms have recently commented on EDU. Analysts at Jefferies Group raised their price target on shares of New Oriental Education & Tech. Group to $36.00 in a research note to investors on Wednesday, January 8th. On the ratings front, analysts at Zacks downgraded shares of New Oriental Education & Tech. Group from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, January 1st. They now have a $33.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $32.00.
New Oriental Education & Technology Group Inc is a provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.
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