New Oriental Education & Technology Group, Inc. (NYSE:EDU) is reporting fourth quarter financial results on Tuesday 28th July 2020, before market open.
According to analysts surveyed by Thomson Reuters, EDU is expected to report 4Q20 income of $ 0.35 per share from revenue of $ 796.37 million.
For the full year, analysts anticipate top line of $ 3590.54 million, while looking forward to income of $ 3.11 per share bottom line.
The Company Outlook
Revenue for 4Q20 are expected in a range of $ 774.00 million ~ $ 806.20 million
Click Here For More Historical Outlooks Of New Oriental Education & Technology Group, Inc.
Previous Quarter Performance
New Oriental Education & Technology Group, Inc. recorded income for the third quarter of $ 0.93 per share, from the revenue of $ 923.22 million. The quarterly earnings gained 34.78 percent compared with the same quarter last year. Street analysts expected New Oriental Education & Technology Group, Inc. to report income of $ 0.79 per share on revenue of $ 918.65 million for the third quarter. The bottom line results beat street analysts by $ 0.14 or 17.72 percent, at the same time, top line results outshined analysts by $ 4.57 million or 0.50 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of EDU was $ 139.75, representing a 43.33 % increase from the 52 week low of $ 97.50 and a 8.67 % decrease over the 52 week high of $ 153.02.
The company has a market capital of $ 22.14 billion and is part of the Consumer Defensive sector and Education & Training Services industry.
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Conference Call
New Oriental Education & Technology Group, Inc. will be hosting a conference call at 8:00 AM eastern time on 28th July 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.neworiental.org
New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the Peoples Republic of China. It operates through Language Training and Test Preparation Courses, and Others segments.
