Earnings Preview: New Oriental Education
Portfolio Pulse from Benzinga Insights
New Oriental Education (NYSE:EDU) is set to release its latest quarterly earnings report on Wednesday, 2023-07-26. Analysts estimate an earnings per share (EPS) of $0.51. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The stock is currently trading at $48.99, up 95.07% over the last 52-week period.
July 25, 2023 | 4:01 pm
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New Oriental Education is expected to report an EPS of $0.51 in its upcoming earnings report. The company's history of beating EPS estimates could potentially lead to a positive impact on its stock price.
New Oriental Education has a history of beating EPS estimates, which has generally led to an increase in its stock price. Given this trend and the positive analyst estimate for the upcoming earnings report, there is a high likelihood of a positive impact on the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100