New Oriental Education & Technology Group Inc expected to post earnings of 2 cents a share - Earnings Preview

New Oriental Education & Technology

17/01/2025 13:33

* New Oriental Education & Technology Group Inc  9901.HK 
 is
expected to show a rise in quarterly revenue when it reports 
results on January 21 for the period ending November 30 2024
    * The Beijing-based  company is expected to report a
21.2% increase in revenue to $1.054 billion from $869.6 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for New Oriental Education &
Technology Group Inc is for earnings of 2 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 16 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for New
Oriental
Education & Technology Group Inc is HK$68.90​, above​ its last
closing price of HK$46.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Aug. 31 2024  0.15        0.16       0.16      Met     0
 May. 31 2024  0.04        0.05       0.02      Missed  -55.6
 Feb. 29 2024  0.08        0.08       0.06      Missed  -20​
 Nov. 30 2023  0.02        0.02       0.03      Beat    28.6
 ​​Aug.        0.08        0.08       0.11      Beat    37.5
 31 2023                                                
 May. 31 2023  0.06        0.04       0.03      Missed  -25​
 Feb. 28 2023  0.02        0.02       0.06      Beat    200
 Nov. 30 2022  0.01        0.01       0.01      Met     0
 This summary was machine generated January 17 at 13:33 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)