Movement Alert|New Oriental Declines 3.43% in Regular Trading, Lackluster Guidance Continues to Weigh on Stock Amid Education Sector Weakness

Market Focus06-03

On June 3, New Oriental-S fell 3.43% in regular trading, trading at 37.12 HKD/share, with trading volume of 9.97 million HKD.

On the news front, New Oriental previously reported third fiscal quarter results showing net revenue growth of 19.8% year-over-year to $1.417 billion, operating profit up 44.8%, and net income attributable to parent up 45.3%, all exceeding market expectations. However, the company's forward guidance remained uninspiring, continuing to suppress stock price performance. Although the stock briefly experienced a valuation recovery rebound, the lack of upward revision momentum in guidance has weighed on market confidence.

Within the Education Services sector, the broader group traded lower. Among individual stocks, Tianli International Holdings fell 3.4%, Fenbi fell 4.29%, China Education Group fell 2.06%, and China East Education fell 1.91%.

(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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