The EDU Stock maybe have a 400% gain.

"Analysts Just Made A Major Revision To Their New Oriental Education & Technology Group Inc. Revenue Forecasts

Simply Wall St

Sun, August 1, 2021, 12:20 AM

The analysts covering $New Oriental Education & Technology(EDU)$ delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for next year. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative.

Following the downgrade, the latest consensus from New Oriental Education & Technology Group's 23 analysts is for revenues of US$4.7b in 2022, which would reflect a major 22% improvement in sales compared to the last 12 months. Statutory earnings per share are presumed to surge 59% to US$0.39. Prior to this update, the analysts had been forecasting revenues of US$5.3b and earnings per share (EPS) of US$0.40 in 2022. It looks like analyst sentiment has fallen somewhat in this update, with a measurable cut to revenue estimates and a small dip in earnings per share numbers as well.

It'll come as no surprise then, to learn that the analysts have cut their price target 49% to US$8.21..."

....that is a 400% gain.

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Revenue Forecasts</p> <p>Simply Wall St</p> <p>Sun, August 1, 2021, 12:20 AM</p> <p>The analysts covering <a href=\"https://laohu8.com/S/EDU\">$New Oriental Education &amp; Technology(EDU)$</a> delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for next year. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative.</p> <p>Following the downgrade, the latest consensus from New Oriental Education &amp; Technology Group's 23 analysts is for revenues of US$4.7b in 2022, which would reflect a major 22% improvement in sales compared to the last 12 months. Statutory earnings per share are presumed to surge 59% to US$0.39. Prior to this update, the analysts had been forecasting revenues of US$5.3b and earnings per share (EPS) of US$0.40 in 2022. It looks like analyst sentiment has fallen somewhat in this update, with a measurable cut to revenue estimates and a small dip in earnings per share numbers as well.</p> <p>It'll come as no surprise then, to learn that the analysts have cut their price target 49% to US$8.21...\"</p> <p>....that is a 400% gain.</p></body></html>","htmlText":"<html><head></head><body><p>\"Analysts Just Made A Major Revision To Their New Oriental Education &amp; Technology Group Inc. Revenue Forecasts</p> <p>Simply Wall St</p> <p>Sun, August 1, 2021, 12:20 AM</p> <p>The analysts covering <a href=\"https://laohu8.com/S/EDU\">$New Oriental Education &amp; Technology(EDU)$</a> delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for next year. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative.</p> <p>Following the downgrade, the latest consensus from New Oriental Education &amp; Technology Group's 23 analysts is for revenues of US$4.7b in 2022, which would reflect a major 22% improvement in sales compared to the last 12 months. Statutory earnings per share are presumed to surge 59% to US$0.39. Prior to this update, the analysts had been forecasting revenues of US$5.3b and earnings per share (EPS) of US$0.40 in 2022. It looks like analyst sentiment has fallen somewhat in this update, with a measurable cut to revenue estimates and a small dip in earnings per share numbers as well.</p> <p>It'll come as no surprise then, to learn that the analysts have cut their price target 49% to US$8.21...\"</p> <p>....that is a 400% gain.</p></body></html>","text":"\"Analysts Just Made A Major Revision To Their New Oriental Education & Technology Group Inc. Revenue Forecasts Simply Wall St Sun, August 1, 2021, 12:20 AM The analysts covering $New Oriental Education & Technology(EDU)$ delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for next year. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative. Following the downgrade, the latest consensus from New Oriental Education & Technology Group's 23 analysts is for revenues of US$4.7b in 2022, which would reflect a major 22% improvement in sales compared to the last 12 months. Statutory earnings per share are presumed to surge 59% to US$0.39. Prior to this update, the analysts had been forecasting revenues of US$5.3b and earnings per share (EPS) of US$0.40 in 2022. It looks like analyst sentiment has fallen somewhat in this update, with a measurable cut to revenue estimates and a small dip in earnings per share numbers as well. It'll come as no surprise then, to learn that the analysts have cut their price target 49% to US$8.21...\" ....that is a 400% gain.","highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/805700739","repostId":0,"isVote":1,"tweetType":1,"viewCount":1253,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["EDU"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":1015,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/805700739"}