New Oriental Reports Revenue Growth, But EPS Misses Expectations

New Oriental Education saw a revenue increase this quarter, but EPS remained flat. Analysts expected higher earnings. The outlook for the next quarter shows a potential revenue gap, which could impact investor sentiment.

Date: 21-01-2025

AI Rating: 5

Earnings Per Share (EPS)
New Oriental reported an income per share of $0.02, unchanged from the previous year. This fell short of analysts' expectations of $0.03 per share, indicating a slightly negative performance in terms of earnings expectations.

Revenue Growth
The company’s revenue for the quarter rose to $1.038 billion from $869.600 million, reflecting a growth of 31.3%. However, this did not meet the analysts' estimate of $1.03 billion. This indicates a strong revenue growth trend, although it slightly missed expectations.

Net Income
Net income reported was $31.931 million, which is lower than the $30.066 million from the previous year. This reflects a negative trend in net income despite revenue growth.

Future Outlook
The guidance for the next quarter indicates expected revenue ranging from $1.007 billion to $1.032 billion, again below analyst expectations of $1.3 billion. This further raises concerns about future performance compared to market expectations.

Stocks: EDU