New Oriental Education & Technology Group Past Earnings Performance
Past criteria checks 4/6
New Oriental Education & Technology Group's earnings have been declining at an average annual rate of -11.8%, while the Consumer Services industry saw earnings growing at 25% annually. Revenues have been growing at an average rate of 0.7% per year. New Oriental Education & Technology Group's return on equity is 9.3%, and it has net margins of 8.4%.
Key information
-11.8%
Earnings growth rate
-12.6%
EPS growth rate
| Consumer Services Industry Growth | 20.3% |
| Revenue growth rate | 0.7% |
| Return on equity | 9.3% |
| Net Margin | 8.4% |
| Last Earnings Update | 31 Aug 2024 |
Recent past performance updates
Recent updates
Do New Oriental Education & Technology Group's (NYSE:EDU) Earnings Warrant Your Attention?
Nov 07
New Oriental Education: Not As Defensive As It Seems
Oct 29New Oriental Education & Technology Group Inc. (NYSE:EDU) Looks Just Right With A 26% Price Jump
Oct 02New Oriental Education: Capital Return Improvement And Margin Expansion Are Potential Catalysts
Sep 20New Oriental Education & Technology Group (NYSE:EDU) Will Want To Turn Around Its Return Trends
Sep 10Is New Oriental Education & Technology Group (NYSE:EDU) Using Too Much Debt?
Aug 19New Oriental Education: Anticipating A Q4 Results Beat (Rating Upgrade)
Jul 12New Oriental Education & Technology Group Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Apr 26New Oriental Education: Emerges Stronger After Regulation Reset, Initiate With Buy
Apr 10We Think New Oriental Education & Technology Group (NYSE:EDU) Can Manage Its Debt With Ease
Mar 21The Returns On Capital At New Oriental Education & Technology Group (NYSE:EDU) Don't Inspire Confidence
Mar 06Is There An Opportunity With New Oriental Education & Technology Group Inc.'s (NYSE:EDU) 40% Undervaluation?
Feb 05New Oriental Education & Technology Group Inc.'s (NYSE:EDU) Price In Tune With Revenues
Jan 20East Buy Drama Offers Lesson On The Power Of Key Influencers
Jan 05Bullish On New Oriental Education's Pivot
Dec 03New Oriental Education Delivers A Lesson In Business Revival
Nov 03New Oriental Education: Growth Prospects Appear Baked In
Sep 01Back On A Profitable Track, New Oriental Pivots Towards Travel
Aug 04New Oriental Education: Spotlight On Outlook And Buybacks
Jul 07New Oriental Education: From Near Extinction To Stellar Turnaround
Jan 29New Oriental Education & Technology Q2 2023 Earnings Preview
Jan 13New Oriental Education & Technology Q1 2023 Earnings Preview
Oct 25New Oriental Education & Technology Non-GAAP EPS of -$0.94, revenue of $524M
Jul 27Revenue & Expenses Breakdown
How New Oriental Education & Technology Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Aug 24 | 4,649 | 390 | 2,017 | 0 |
| 31 May 24 | 4,314 | 310 | 1,912 | 0 |
| 29 Feb 24 | 4,037 | 312 | 1,749 | 0 |
| 30 Nov 23 | 3,584 | 306 | 1,618 | 0 |
| 31 Aug 23 | 3,353 | 277 | 1,497 | 0 |
| 31 May 23 | 2,998 | 177 | 1,398 | 0 |
| 28 Feb 23 | 2,661 | -41 | 904 | 0 |
| 30 Nov 22 | 2,521 | -245 | 988 | 0 |
| 31 Aug 22 | 2,541 | -1,182 | 1,599 | 0 |
| 31 May 22 | 3,105 | -1,188 | 1,878 | 0 |
| 28 Feb 22 | 3,793 | -1,044 | 2,651 | 0 |
| 30 Nov 21 | 4,370 | -770 | 2,822 | 0 |
| 31 Aug 21 | 4,599 | 220 | 2,350 | 0 |
| 31 May 21 | 4,277 | 334 | 2,086 | 0 |
| 28 Feb 21 | 3,863 | 393 | 1,784 | 0 |
| 30 Nov 20 | 3,596 | 379 | 1,642 | 0 |
| 31 Aug 20 | 3,493 | 379 | 1,577 | 0 |
| 31 May 20 | 3,579 | 413 | 1,591 | 0 |
| 29 Feb 20 | 3,623 | 443 | 1,588 | 0 |
| 30 Nov 19 | 3,497 | 403 | 1,544 | 0 |
| 31 Aug 19 | 3,308 | 324 | 1,471 | 0 |
| 31 May 19 | 3,096 | 238 | 1,413 | 0 |
| 28 Feb 19 | 2,955 | 260 | 1,369 | 0 |
| 30 Nov 18 | 2,776 | 231 | 1,296 | 0 |
| 31 Aug 18 | 2,646 | 261 | 1,222 | 0 |
| 31 May 18 | 2,447 | 296 | 1,119 | 0 |
| 28 Feb 18 | 2,233 | 286 | 1,009 | 0 |
| 30 Nov 17 | 2,053 | 286 | 915 | 0 |
| 31 Aug 17 | 1,927 | 292 | 840 | 0 |
| 31 May 17 | 1,800 | 274 | 788 | 0 |
| 28 Feb 17 | 1,708 | 261 | 751 | 0 |
| 30 Nov 16 | 1,617 | 242 | 713 | 0 |
| 31 Aug 16 | 1,554 | 237 | 690 | 0 |
| 31 May 16 | 1,478 | 225 | 669 | 0 |
| 29 Feb 16 | 1,412 | 219 | 639 | 0 |
| 30 Nov 15 | 1,353 | 212 | 609 | 0 |
| 31 Aug 15 | 1,311 | 209 | 589 | 0 |
| 31 May 15 | 1,247 | 193 | 567 | 0 |
| 28 Feb 15 | 1,205 | 200 | 545 | 0 |
| 30 Nov 14 | 1,172 | 200 | 531 | 0 |
| 31 Aug 14 | 1,144 | 202 | 508 | 0 |
| 31 May 14 | 1,139 | 216 | 493 | 0 |
| 28 Feb 14 | 1,091 | 201 | 468 | 0 |
Quality Earnings: EDU has high quality earnings.
Growing Profit Margin: EDU's current net profit margins (8.4%) are higher than last year (8.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EDU's earnings have declined by 11.8% per year over the past 5 years.
Accelerating Growth: EDU's earnings growth over the past year (40.8%) exceeds its 5-year average (-11.8% per year).
Earnings vs Industry: EDU earnings growth over the past year (40.8%) exceeded the Consumer Services industry 34.8%.
Return on Equity
High ROE: EDU's Return on Equity (9.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:39 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
New Oriental Education & Technology Group Inc. is covered by 59 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hong Xing Pan | ABCI Securities Company Limited |
| Amy Junker | Baird |
| Yanfang Jiang | Benchmark Company |