Benzinga | Oct 12, 2020 10:46AM EDT

Earnings Outlook for New Oriental Education

New Oriental Education (NYSE: EDU) announces its next round of earnings this Tuesday, October 13. Here is Benzinga's look at New Oriental Education's Q1 earnings report.

Earnings and Revenue

New Oriental Education earnings will be near $1.01 per share on sales of $955.85 million, according to analysts. New Oriental Education EPS in the same period a year ago totaled $1.44. Sales were $1.07 billion. The analyst consensus estimate would represent a 29.86% decrease in the company's earnings. Sales would be down 10.83% from the year-ago period. Here is how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q4 2020 Q3 2020 Q2 2020 Q1 2019EPS Estimate 0.34 0.79 0.21 1.37EPS Actual 0.30 0.93 0.36 1.44Revenue Estimate 796.74 M 918.65 M 771.78 M 1.07 BRevenue Actual 798.47 M 923.22 M 785.21 M 1.07 B

Stock Performance

Shares of New Oriental Education were trading at $170.09 as of October 09.Over the last 52-week period, shares are up 47.23%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. New Oriental Education is scheduled to hold the call at 08:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/ze6obdd9