New Oriental Education (EDU) Tops Q2 EPS by 4c
New Oriental Education (NYSE: EDU) reported Q2 EPS of $0.07, $0.04 better than the analyst estimate of $0.03. Revenue for the quarter came in at $278.1 million versus the consensus estimate of $270.14 million.
Total student enrollments in academic subjects tutoring and test preparation courses increased by 35.3% year-over-year to approximately 841,000 for the second fiscal quarter of 2016.
The total number of schools and learning centers was 720 as of November 30, 2015, an increase of 7 compared to 713 as of November 30, 2014, and a decrease of 1 compared to 721 as of August 31, 2015. The total number of schools was 63 as of November 30, 2015.
For earnings history and earnings-related data on New Oriental Education (EDU) click here.
