New Oriental Education EDU is set to give its latest quarterly earnings report on Wednesday, 2024-10-23. Here's what investors need to know before the announcement.
Analysts estimate that New Oriental Education will report an earnings per share (EPS) of $1.50.
Investors in New Oriental Education are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Earnings Track Record
The company's EPS missed by $0.22 in the last quarter, leading to a 1.7% drop in the share price on the following day.
Here's a look at New Oriental Education's past performance and the resulting price change:
Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
---|---|---|---|---|
EPS Estimate | 0.44 | 0.79 | 0.29 | 0.81 |
EPS Actual | 0.22 | 0.63 | 0.29 | 1.13 |
Price Change % | -2.0% | 3.0% | 6.0% | 1.0% |
Stock Performance
Shares of New Oriental Education were trading at $68.0 as of October 21. Over the last 52-week period, shares are up 3.07%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for New Oriental Education visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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