* New Oriental Education & Technology Group Inc
is expected to show a rise in quarterly revenue when it reports results on April 24 for the period ending February 29 2024
* The Beijing-based company is expected to report a 46.5% increase in revenue to $1.105 billion from $754.15 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company's guidance on January 24 2024, for the period ended February 29, was for revenue between $1.07 billion and $1.09 billion.
* LSEG's mean analyst estimate for New Oriental Education & Technology Group Inc is for earnings of 79 cents per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for New Oriental Education & Technology Group Inc is $102.73, above its last closing price of $84.99.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Nov. 30 2023 0.30 0.29 0.29 Met 0.5
Aug. 31 2023 0.80 0.81 1.13 Beat 40.3
May. 31 2023 0.51 0.51 0.37 Missed -28
Feb. 28 2023 0.33 0.33 0.06 Missed -81.8
Nov. 0.11 0.12 0.01 Missed -91.5
30 2022
Aug. 31 2022 0.38 0.38 0.48 Beat 25.7
May. 31 2022 -0.44 -0.44 -0.94 Missed -113.6
Feb. 28 2022 0.51
This summary was machine generated April 22 at 14:03 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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