Movement Alert|New Oriental Education Falls 3.08% in Regular Trading, Lackluster Guidance Continues to Weigh on Share Price

Market Focus05-21

On May 21, New Oriental Education (09901.HK) fell 3.08% in regular trading, trading at HK$39.38/share, with trading volume of approximately HK$11.73 million.

On the news front, New Oriental previously reported its fiscal Q3 results, with net revenue rising 19.8% year-over-year to US$1.417 billion, operating profit surging 44.8% YoY to US$180.3 million, and net profit attributable to shareholders climbing 45.3% — all beating market expectations. Despite the strong quarterly performance, the stock has been under sustained selling pressure following the earnings release, primarily due to uninspiring forward guidance. Daiwa reiterated its Buy rating and raised its target price, but trimmed EPS estimates by 0.4% to 4% due to increased minority interest. The stock is currently trading near the lower end of its 52-week range of HK$39–50.5, reflecting dampened market sentiment toward the education sector broadly.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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