New Oriental Education & Tech Grp (NYSE:EDU) will be posting its quarterly earnings results before the market opens on Tuesday, January 23rd. Analysts expect New Oriental Education & Tech Grp to post earnings of $0.12 per share for the quarter.

New Oriental Education & Tech Grp (NYSE:EDU) last announced its earnings results on Tuesday, October 24th. The company reported $1.00 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.04). New Oriental Education & Tech Grp had a net margin of 15.15% and a return on equity of 17.32%. The firm had revenue of $661.20 million for the quarter, compared to analyst estimates of $643.90 million. During the same period in the previous year, the company earned $0.90 EPS. New Oriental Education & Tech Grp’s revenue was up 23.8% compared to the same quarter last year. On average, analysts expect New Oriental Education & Tech Grp to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

New Oriental Education & Tech Grp (NYSE EDU) opened at $104.92 on Tuesday. New Oriental Education & Tech Grp has a fifty-two week low of $46.35 and a fifty-two week high of $105.50. The company has a market capitalization of $16,590.00, a P/E ratio of 57.02, a price-to-earnings-growth ratio of 1.63 and a beta of 1.31.

A number of equities analysts have commented on the company. Zacks Investment Research raised New Oriental Education & Tech Grp from a “hold” rating to a “buy” rating and set a $92.00 target price for the company in a report on Tuesday, September 26th. Benchmark increased their target price on New Oriental Education & Tech Grp from $94.00 to $100.00 and gave the company a “buy” rating in a report on Friday, October 6th. Vetr cut New Oriental Education & Tech Grp from a “buy” rating to a “hold” rating and set a $94.84 target price for the company. in a report on Wednesday, October 4th. CLSA cut New Oriental Education & Tech Grp from an “outperform” rating to an “underperform” rating in a report on Tuesday, October 24th. Finally, Bank of America raised New Oriental Education & Tech Grp from a “neutral” rating to a “buy” rating and set a $105.00 target price for the company in a report on Monday, September 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $99.51.

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New Oriental Education & Tech Grp Company Profile

New Oriental Education & Technology Group Inc is a provider of private educational services in the People’s Republic of China (the PRC). The Company provides educational services under its New Oriental brand. The Company operates through seven segments, which include language training and test preparation, primary and secondary school education, online education, content development and distribution, pre-school education, overseas study consulting services and study tour.

Earnings History for New Oriental Education & Tech Grp (NYSE:EDU)

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