Investing.com - New Oriental Education&Tech reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
New Oriental Education&Tech announced earnings per share of $0.43 on revenue of $887.6M. Analysts polled by Investing.com anticipated EPS of $0.2584 on revenue of $883.41M.
New Oriental Education&Tech shares are down 1.57% from the beginning of the year, still down 2.42% from its 52 week high of $187.43 set on January 4. 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 missed by Netflix on Tuesday, who reported EPS of $1.19 on revenue of $6.64B, compared to forecasts EPS of $1.35 on revenue of $6.62B.
T-Mobile US had beat expectations on November 5, 2020 with third quarter EPS of $1 on revenue of $19.27B, compared to forecast for EPS of $0.4616 on revenue of $18.33B.
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