New Oriental Education & Technology Group Inc 9901.HK is expected to show a rise in quarterly revenue when it reports results on January 21 for the period ending November 30 2024
The Beijing-based company is expected to report a 21.2% increase in revenue to $1.054 billion from $869.6 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.
LSEG's mean analyst estimate for New Oriental Education & Technology Group Inc is for earnings of 2 cents per share.
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 16 "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 HK$68.90, above its last closing price of HK$46.00.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Aug. 31 2024 | 0.15 | 0.16 | 0.16 | Met | 0 |
May. 31 2024 | 0.04 | 0.05 | 0.02 | Missed | -55.6 |
Feb. 29 2024 | 0.08 | 0.08 | 0.06 | Missed | -20 |
Nov. 30 2023 | 0.02 | 0.02 | 0.03 | Beat | 28.6 |
Aug. 31 2023 | 0.08 | 0.08 | 0.11 | Beat | 37.5 |
May. 31 2023 | 0.06 | 0.04 | 0.03 | Missed | -25 |
Feb. 28 2023 | 0.02 | 0.02 | 0.06 | Beat | 200 |
Nov. 30 2022 | 0.01 | 0.01 | 0.01 | Met | 0 |
This summary was machine generated January 17 at 13:33 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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