New Oriental Education & Technology Group Inc. (EDU) Q1 2025 Earnings Call Transcript
New Oriental Education & Technology Group Inc. (NYSE:EDU ) Q1 2025 Earnings Conference Call October 23, 2024 8:00 AM ET Company Participants Sisi Zhao - Investor Relations Stephen Yang - Executive President & Chief Financial Officer Conference Call Participants Felix Liu - UBS Alice Cai - Citi Yiwen Zhang - China Renaissance Lucy Yu - Bank of America Timothy Zhao - Goldman Sachs Charlotte Wei - HSBC DS Kim - JPMorgan Operator Good evening, and thank you for standing by for New Oriental's FY 2025 First Quarter Results Earnings Conference Call. At this time, all participants are in listen-only mode.
New Oriental (EDU) Shares Decline Pre-Market Amid Profit Forecast Downgrade
New Oriental (EDU, Financial) shares dropped by 1.87% in pre-market trading, priced at $74.36. Macquarie has revised its forecast for New Oriental's non-GAAP net profit for fiscal years 2025 to 2027, reducing it by 11.6% to 13.3%.
New Oriental (EDU) Shares Drop Amid Profit Forecast Downgrade
Shares of New Oriental (EDU, Financial) fell approximately 9.8% in pre-market trading to $71.77. This decline followed a report from Macquarie, which adjusted its forecast for New Oriental's non-GAAP net profit for fiscal years 2025 to 2027 downward by 11.6% to 13.3%.
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New Oriental Education & Technology Group Inc (EDU) Trading 1.83% Higher on Oct 2
Shares of New Oriental Education & Technology Group Inc (EDU, Financial) surged 1.83% in mid-day trading on Oct 2. The stock reached an intraday high of $87.26, before settling at $78.60, up from its previous close of $77.19.
New Oriental (EDU) Soars 7.9%: Is Further Upside Left in the Stock?
New Oriental (EDU) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
New Oriental Education: Capital Return Improvement And Margin Expansion Are Potential Catalysts
New Oriental Education is assigned a Buy rating, considering the stock's attractive valuations and the presence of potential re-rating catalysts. EDU's capital return outlook is positive, with a significant increase in its share repurchase authorization and the potential for additional special or regular dividends. The company is expected to achieve significant operating margin expansion in Q1 FY 2025 and beyond, driven by strong revenue growth and the improved utilization rate for new learning centers.
New Oriental (EDU) Lures Investors With Special Cash Dividend
New Oriental (EDU) declares a special cash dividend of approximately $100 million for common shareholders and ADS holders.
New Oriental Education & Technology Group Inc. (EDU) Q4 2024 Earnings Call Transcript
New Oriental Education & Technology Group Inc. (NYSE:EDU ) Q4 2024 Earnings Conference Call July 31, 2024 8:00 AM ET Company Participants Sisi Zhao - Investor Relations Stephen Yang - Executive President and Chief Financial Officer Conference Call Participants Alice Cai - Citigroup Yiwen Zhang - China Renaissance Felix Liu - UBS Lucy Yu - Bank of America Merrill Lynch Timothy Zhao - Goldman Sachs Charlotte Wei - HSBC Liping Zhao - CICC DS Kim - JPMorgan Operator Good evening, and thank you for standing by for New Oriental's Full-Year 2024 Fourth Quarter Results Earnings Conference Call. At this time, all participants are in listen-only mode.
New Oriental Education: Anticipating A Q4 Results Beat (Rating Upgrade)
New Oriental Education is likely to deliver a Q4 FY 2024 results beat, thanks to faster-than-expected learning center expansion, lower-than-expected marketing costs, and positive operating leverage. New Oriental Education is attractively valued at a PEG multiple of 0.74 times. My rating for EDU stock is revised to a Buy, considering the stock's current valuations and its fourth quarter results preview.
