New Oriental Education (EDU) Misses Q2 EPS by 2c

New Oriental Education (NYSE: EDU) reported Q2 EPS of $0.09, $0.02 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $467.2 million versus the consensus estimate of $456.04 million.

Outlook for Third Quarter of Fiscal Year 2018

New Oriental expects total net revenues in the third quarter of fiscal year 2018 (December 1, 2017 to February 28, 2018) to be in the range of US$591.1 million to US$604.2 million, representing a year-over-year growth in the range of 35% to 38% (**consensus sees revenue of$580 million).

For earnings history and earnings-related data on New Oriental Education (EDU) click here.

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