New Oriental Education & Technology Group Earnings Preview: Can This Streak Finally End?

New Oriental Education & Technology Group (NYSE:EDU) will report earnings before markets open on Wednesday, April 24th. New Oriental Education & Technology Group, Inc. offers educational services. The Company offers foreign language training, test preparation courses for admissions and assessment tests in the United States, the PRC and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online classes.

Here is your Cheat Sheet to New Oriental Education & Technology Group Earnings:

Earnings Expectations: Analysts expect earnings of $0.12 per share on revenues of $217.47 million. Currently, the company’s P/E ratio stands at 23.62.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.15 to a profit $0.13. For the current year, the average estimate is a profit of $0.76, which is worse than the estimate ninety days ago.

The stock market is at 5-year highs! Discover the best stocks to buy in today’s market. CLICK HERE for Your Stock Investor Cheat Sheet NOW!

Earnings Trends:

Here’s how New Oriental Education & Technology Group has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 201.00 292.56 386.30 557.87 771.71
Diluted EPS ($) 0.3275 0.3975 0.5025 0.6525 0.85

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Nov. 30, 2011 Feb. 29, 2012 May. 31, 2012 Aug. 31, 2012 Nov. 30, 2012
Revenue ($) in millions 131.98 174.47 193.29 335.83 165.91
Diluted EPS ($) 0.02 0.14 0.10 0.61 -0.10

Past Performance:
New Oriental Education & Technology Group has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)