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New Oriental Education Q1 Adj Net Income Per ADS Attributable $1.13 Beats $0.81 Estimate, Sales $1.10B Beat $1.01B Estimate

Author: Benzinga Newsdesk | October 25, 2023 05:29am

New Oriental Education (NYSE:EDU) reported quarterly Adj Net Income Per ADS Attributable of $1.13 which beat the analyst consensus estimate of $0.81 by 39.51 percent. This is a 135.42 percent increase over Adj Net Income Per ADS Attributable of $0.48 from the same period last year. The company reported quarterly sales of $1.10 billion which beat the analyst consensus estimate of $1.01 billion by 8.91 percent. This is a 47.69 percent increase over sales of $744.82 million the same period last year.

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