New Oriental Announces Results for the First Fiscal Quarter Ended August 31, 2020
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New Oriental Education (EDU) Tops Q1 EPS by 14c, Revenues Beat
October 13, 2020 6:06 AM EDTNew Oriental Education (NYSE: EDU) reported Q1 EPS of $1.15, $0.14 better than the analyst estimate of $1.01. Revenue for the quarter came in at $986.4 million versus the consensus estimate of $956.52 million.
Financial Highlights for the First Fiscal Quarter Ended August 31, 2020
Total net revenues decreased by 8.0% year-over-year to US$986.4 million for the first fiscal quarter of 2021.Operating income decreased by 38.9% year-over-year to US$150.3 million for the first fiscal quarter of 2021.Net income attributable to New Oriental decreased by 16.4% year-over-year to US$ 174.7million for the first fiscal quarter of 2021.Operating Highlights for... More
