NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC.

New Oriental Education & Technology Group Inc.

Equities

EDU

US6475812060

Miscellaneous Educational Service Providers

Market Closed - Nyse Other stock markets 01:30:02 24/05/2024 am IST			5-day change	1st Jan Change
79.21 ^USD	-0.96%		-5.41%	+8.09%

08/05	Beijing Fines East Buy Associate for Practicing as Travel Agent Sans Permit; Shares Slide 3%	MT
25/04	Hong Kong Shares Mark Four-Day Win on Bullish China Bets; China Overseas Land Surges 6% on Upbeat Q1	MT

New Oriental Education & Technology Group Inc. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2023

October 26, 2022 at 04:00 pm IST

New Oriental Education & Technology Group Inc. provided earnings guidance for the second quarter of fiscal year 2023. For the period, Company expects total net revenues to be in the range of USD 601.4 million to USD 619.2 million, representing year-over-year decline in the range of 9% to 6%.

Latest news about New Oriental Education & Technology Group Inc.

Beijing Fines East Buy Associate for Practicing as Travel Agent Sans Permit; Shares Slide 3%	08/05	MT
Hong Kong Shares Mark Four-Day Win on Bullish China Bets; China Overseas Land Surges 6% on Upbeat Q1	25/04	MT
New Oriental Education & Technology Shares Decline Following Fiscal Q3 Results; Fiscal Q4 Revenue Outlook Issued	24/04	MT
Sector Update: Consumer Stocks Advance Pre-Bell Wednesday	24/04	MT
New Oriental Education & Technology's Fiscal Q3 Non-GAAP Net Income, Revenue Rises; Fiscal Q4 Revenue Outlook Issued	24/04	MT
Transcript : New Oriental Education & Technology Group Inc., Q3 2024 Earnings Call, Apr 24, 2024	24/04
Tranche Update on New Oriental Education & Technology Group Inc.'s Equity Buyback Plan announced on July 27, 2022.	24/04	CI
Earnings Flash (EDU) NEW ORIENTAL EDUCATION AND TECHNOLOGY GROUP Posts Q3 Revenue $1.21B	24/04	MT
Earnings Flash (EDU) NEW ORIENTAL EDUCATION AND TECHNOLOGY GROUP Posts Q3 EPS $0.06	24/04	MT
New Oriental Education & Technology Group Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended February 29, 2024	24/04	CI
New Oriental Education & Technology Group Inc. Provides Revenue Guidance for the Fourth Quarter Ending May 31, 2024	24/04	CI
Morgan Stanley Raises Price Target on New Oriental Education & Technology to $95 From $85, Maintains Overweight Rating	28/03	MT
East Buy Addresses Concerns About Braised Pork Product	19/03	MT
East Buy CEO, New Oriental Pledge to Buy HK$700 Million Shares	02/02	MT
New Oriental Education Posts 4,000% Income Growth in Fiscal Q2	25/01	MT
East Buy's Fiscal H1 Profit Falls 57%, Misses EPS Estimates	25/01	MT
New Oriental Shares Rally After Co Expands Tutoring in 2Q	24/01	DJ
Transcript : New Oriental Education & Technology Group Inc., Q2 2024 Earnings Call, Jan 24, 2024	24/01
New Oriental Education & Technology Group's Fiscal Q2 Non-GAAP Earnings, Revenue Climb	24/01	MT
Earnings Flash (EDU) NEW ORIENTAL EDUCATION AND TECHNOLOGY GROUP Reports Q2 Revenue $869.6M, vs. Street Est of $811.3M	24/01	MT
Earnings Flash (EDU) NEW ORIENTAL EDUCATION AND TECHNOLOGY GROUP Reports Q2 EPS $0.03, vs. Street Est of $0.28	24/01	MT
New Oriental Education & Technology Group Inc. Reports Earnings Results for the Second Quarter and Six Months Ended November 30, 2023	24/01	CI
New Oriental Education & Technology Group Inc. Provides Revenue Guidance for the Third Quarter of Fiscal Year 2024	24/01	CI
Chinese Gaming Stocks Rally in Early Trading on Speculation Over Rules Changes	23/01	MT
East Buy Explores Overseas Expansion With TikTok; Shares Up 7%	23/01	MT

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Company Profile

New Oriental Education & Technology Group Inc is a China-based company mainly engaged in delivering comprehensive educational programs, services and products to students through its nationwide physical network of schools, learning centers and bookstores, as well as pure-play online learning platforms. The Company primarily operates through four segments. The Educational Services and Test Preparation Courses segment mainly provides K-12 after school training (AST), test preparation, and other courses. The Online Education and Other Services segment mainly provides online education. The Overseas Study Consulting Services segment mainly provides overseas study consulting services. The Educational Materials and Distribution segment is mainly engaged in distributing and selling books and other educational materials through its distribution channels, which consist of bookstores operated by the Company and third-party distributors.

Sector

Miscellaneous Educational Service Providers

Calendar

23/07/2024 - Q4 2024 Earnings Release (Projected)

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Ratings for New Oriental Education & Technology Group Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

79.98 USD

Average target price

99.35 USD

Spread / Average Target

+24.22%

Consensus

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Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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