New Oriental Announces Results for the First Fiscal Quarter Ended August 31, 2015

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UPDATE: Brean Capital Upgrades New Oriental Education (EDU) to Buy

October 21, 2015 7:51 AM EDT

(Updated - October 21, 2015 11:23 AM EDT)

Brean Capital upgraded New Oriental Education (NYSE: EDU) from Hold to Buy with a $32 price target.

Analyst Anne Shih commented, "EDU reported strong FY1Q16 results, with its better-than-expected performance following previous consecutive quarters of solid execution in its K12... More

New Oriental Education (EDU) Tops Q1 EPS by 10c

October 20, 2015 6:30 AM EDT

New Oriental Education (NYSE: EDU) reported Q1 EPS of $0.84, $0.10 better than the analyst estimate of $0.74. Revenue for the quarter came in at $458.5 million versus the consensus estimate of $447.6 million.

New Oriental Education sees Q2 2016 revenue of $267.0-276.4 million, versus the consensus of $267.8... More