New Oriental Education & Technology Group Inc. - ADR

NYSE:EDU  
2.20
-0.09 (-3.93%)
Earnings Announcements

New Oriental Education & Technology Group Inc. Provides Business Updates

Published: 11/14/2021 22:12 GMT
New Oriental Education & Technology Group Inc. - ADR (EDU) - :new Oriental Education & Technology Group Inc. Provides Business Updates.
New Oriental Education & Technology-expects That Cessation Will Have Substantial Adverse Impact on Co's Revenues for Fiscal Year Ending May 31, 2022.
New Oriental - Plans to Cease Offering Tutoring Services Related to Academic Subjects From Kindergarten Through Grade 9 at All Learning Centers Across China by 2021 End.
New Oriental - Will Shift Its Focus to Products, Services Such As Test Preparation Courses, Language Training Courses for Adults.
New Oriental Education & Technology Group Inc - Will Further Adjust Its Business Operations As Required, and Update Its Shareholders As Appropriate.
Revenue is expected to be $358.24 Million
Adjusted EPS is expected to be -$0.17

Next Quarter Revenue Guidance is expected to be $392.9 Million
Next Quarter EPS Guidance is expected to be -$0.13

More details on our Analysts Page.