New Oriental Announces Results for the Fourth Fiscal Quarter and Fiscal Year Ended May 31, 2016

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UPDATE: Brean Capital Starts New Oriental Education (EDU) at Buy

July 21, 2016 6:41 AM EDT

(Updated - July 21, 2016 11:31 AM EDT)

Brean Capital initiated coverage on New Oriental Education (NYSE: EDU) with a Buy rating and a price target of $52. Analyst Fawne Jiang said he expects top and bottom-line growth.

Jiang explained, "EDU is one of the largest... More

New Oriental Education (EDU) Tops Q4 EPS by 2c

July 20, 2016 7:37 AM EDT

New Oriental Education (NYSE: EDU) reported Q4 EPS of $0.29, $0.02 better than the analyst estimate of $0.27. Revenue for the quarter came in at $394.9 million versus the consensus estimate of $389.98 million.

GUIDANCE:

New Oriental Education sees Q1 2017 revenue of $508.9-527.3... More