New Oriental Education & Technology_ F1Q25 Preview - Resilient results expected
Testin·2024-09-29 16:06
M Idea New Oriental Education & Technology | Asia Pacific September 24, 2024 12:50 PM GMT F1Q25 Preview - Resilient results expected New Oriental Education & Technology (EDU.N, EDU US) Despite drag from higher-ASP overseas test prep business, we expect EDU to meet its F1Q25/2025 revenue and margin targets. We are less concerned about industry competition and believe the current regulatory environment is relatively stable. F1Q25 preview: We expect EDU's core educational revenue to grow 33% yoy in F1Q25, clos ...