New Oriental Education Expects Q2 Revenue Of $851.4M-$871.8M Vs $1.033B Est
Portfolio Pulse from Benzinga Newsdesk
New Oriental Education forecasts Q2 FY2025 revenue between $851.4M and $871.8M, below the $1.033B estimate, but still a 25%-28% YoY increase.
October 23, 2024 | 9:04 am
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New Oriental Education's Q2 FY2025 revenue forecast of $851.4M-$871.8M falls short of the $1.033B estimate, but shows a 25%-28% YoY growth.
The revenue forecast is below market expectations, which could negatively impact the stock price in the short term. However, the YoY growth indicates positive business momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100