New Oriental Education & Technology Group (EDU) Set to Announce Quarterly Earnings on Wednesday

New Oriental Education & Technology Group (NYSE:EDU) is set to issue its quarterly earnings data before the market opens on Wednesday, October 23rd. Analysts expect the company to announce earnings of $0.99 per share for the quarter. New Oriental Education & Technology Group has set its Q1 2025 guidance at EPS.Parties interested in registering for the company’s conference call can do so using this link.

New Oriental Education & Technology Group (NYSE:EDU) last issued its earnings results on Wednesday, July 31st. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.19). New Oriental Education & Technology Group had a return on equity of 7.50% and a net margin of 7.18%. The firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.14 billion. On average, analysts expect New Oriental Education & Technology Group to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

New Oriental Education & Technology Group Stock Down 6.1 %

Shares of NYSE EDU opened at $69.63 on Wednesday. New Oriental Education & Technology Group has a 52 week low of $58.45 and a 52 week high of $98.20. The firm’s fifty day moving average is $67.42 and its 200 day moving average is $75.01. The company has a market cap of $11.82 billion, a price-to-earnings ratio of 37.44 and a beta of 0.47.

New Oriental Education & Technology Group Dividend Announcement

The business also recently declared a — dividend, which was paid on Monday, September 23rd. Investors of record on Monday, September 9th were issued a $0.58 dividend. The ex-dividend date was Monday, September 9th.

Analysts Set New Price Targets

EDU has been the topic of several recent analyst reports. Citigroup cut their price target on shares of New Oriental Education & Technology Group from $127.00 to $106.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. StockNews.com cut shares of New Oriental Education & Technology Group from a “hold” rating to a “sell” rating in a report on Monday. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $103.67.

About New Oriental Education & Technology Group

New Oriental Education & Technology Group Inc provides private educational services under the New Oriental brand in the People’s Republic of China. The company operates through four segments: Educational Services and Test Preparation Courses; Online Education and Other Services; Overseas Study Consulting Services; and Educational Materials and Distribution.