New Oriental Education Q4 2024 Adj. EPS $0.22 Misses $0.44 Estimate, Sales $1.137B Miss $1.142B Estimate
Portfolio Pulse from Benzinga Newsdesk
New Oriental Education (NYSE:EDU) reported Q4 2024 adjusted EPS of $0.22, missing the $0.44 estimate. Sales were $1.137B, slightly below the $1.142B estimate but up 32.08% year-over-year.
July 31, 2024 | 9:09 am
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New Oriental Education's Q4 2024 earnings report showed an EPS of $0.22, missing the $0.44 estimate by 50%. Sales were $1.137B, slightly below the $1.142B estimate but up 32.08% year-over-year.
The significant miss on EPS (50% below estimates) is likely to negatively impact the stock price in the short term, despite the year-over-year sales growth of 32.08%. The slight miss on sales estimates also adds to the negative sentiment.
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IMPORTANCE 80
RELEVANCE 100