New Oriental Education: Anticipating A Q4 Results Beat (Rating Upgrade)
NEW ORIENTAL(EDU) Seeking Alpha·2024-07-12 06:54
nurulanga/E+ via Getty Images Elevator Pitch My rating for New Oriental Education & Technology Group Inc. (NYSE:EDU) shares is a Buy. I previously looked at EDU's financial prospects and shareholder capital return in my July 7, 2023 initiation piece. This latest update offers a preview of New Oriental Education's financial results for the final quarter of fiscal 2024 (YE May 31, 2024) that will be announced at the end of this month. I expect EDU to register a Q4 FY 2024 results beat, considering factors lik ...