New Oriental Stock Down on Q2 Earnings Lag, Revenue Beat
Portfolio Pulse from
New Oriental's stock (EDU) declined despite a revenue beat in its fiscal second-quarter results, as earnings lagged. The company benefited from new educational business initiatives.
January 22, 2025 | 5:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
New Oriental's stock fell due to lagging earnings in Q2, despite a revenue beat. The company's new educational initiatives contributed positively.
The decline in New Oriental's stock price is attributed to the lag in earnings, which overshadowed the positive revenue results. The market likely reacted negatively to the earnings miss, despite the promising new educational initiatives.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100