Core Viewpoint - New Oriental Education & Technology Group (09901) has provided a conservative revenue guidance for the fiscal year 2026, with expectations of a 2%-5% year-over-year growth in Q1 and a 5%-10% growth for the entire fiscal year [1] Group 1: Financial Performance - The company anticipates a net revenue growth of 2%-5% for Q1 of fiscal year 2026 (June-August 2025) [1] - For the entire fiscal year 2026, the expected net revenue growth is projected to be between 5%-10% [1] - Adjusted net profit forecasts for fiscal years 2026-2028 are estimated at $550 million, $608 million, and $647 million, reflecting year-over-year growth rates of 6.2%, 10.8%, and 6.4% respectively [1] Group 2: Market Analysis - Dongwu Securities noted that the conservative guidance for Q1 is influenced by challenges in the overseas business environment, high base effects, and revenue recognition timing [1] - Guosheng Securities also indicated that the Q1 guidance is conservative, but expects revenue growth to improve starting from Q2 [1] Group 3: Shareholder Returns - The company announced a new three-year shareholder return plan, committing to return no less than 50% of the previous fiscal year's net profit attributable to shareholders [1]
新东方-S盘中涨超6% 26财年Q2后整体收入增速有望回升 股东回报计划彰显信心