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New Oriental Education&Tech Earnings, Revenue beat in Q1

Published 20/04/2021, 12:23
Updated 20/04/2021, 12:23

Investing.com - New Oriental Education&Tech reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

New Oriental Education&Tech announced earnings per share of $0.1 on revenue of $1.19B. Analysts polled by Investing.com anticipated EPS of $0.0639 on revenue of $1.14B.

New Oriental Education&Tech shares are down 18.3% from the beginning of the year and are trading at $15.18 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.

New Oriental Education&Tech follows other major Services sector earnings this month

New Oriental Education&Tech's report follows an earnings beat by Prologis on Monday, who reported EPS of $0.5035 on revenue of $1.02B, compared to forecasts EPS of $0.3739 on revenue of $986.59M.

Walgreens Boots had beat expectations on March 31 with second quarter EPS of $1.4 on revenue of $32.78B, compared to forecast for EPS of $1.1 on revenue of $36.2B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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