* New Oriental Education & Technology Group Inc

is expected to show a rise in quarterly revenue when it reports results on October 23 for the period ending August 31 2024

* The Beijing-based company is expected to report a 32.8% increase in revenue to $1.461 billion from $1.1 billion a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for New Oriental Education & Technology Group Inc is for earnings of 16 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for New Oriental Education & Technology Group Inc is HK$75.70​, above​ its last closing price of HK$53.15. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 0.04 0.05 0.02 Missed -55.6

Feb. 29 0001 0.08 0.08 0.06 Missed -20

Nov. 30 2023 0.02 0.02 0.03 Beat 28.6​

Aug. 31 2023 0.08 0.08 0.11 Beat 37.5

​​May. 0.06 0.04 0.03 Missed -25

31 2023

Feb. 28 2023 0.02 0.02 0.06 Beat 200​

Jan. 1 0001 0.01 0.01 0.01 Met 0

0.05

This summary was machine generated October 21 at 16:10 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)