Benzinga | Jul 28, 2020 08:18AM EDT

New Oriental Education Earlier Reported Q4 EPS $0.30 Misses $0.34 Estimate, Sales $798.47M Beat $796.74M Estimate

New Oriental Education (NYSE:EDU) reported quarterly earnings of $0.30 per share which missed the analyst consensus estimate of $0.34 by 11.76 percent. This is a 50 percent decrease over earnings of $0.60 per share from the same period last year. The company reported quarterly sales of $798.47 million which beat the analyst consensus estimate of $796.74 million by 0.22 percent. This is a 5.27 percent decrease over sales of $842.85 million the same period last year.