T. H. Data Flash – New Oriental Education & Technology (EDU) – FY3Q18: Expansion and Courses’ Pricing Mixture Change Drive Revenue Growth; Maintain BUY

  • Date: Apr 16, 2018
  • Industry:Education
  • Company:EDU
  • Partial Report:Name: EDU FY3Q18 Preview 04162018_FC.pdf - Size: 0.45M - Free Download
  • T. H. Data Flash – New Oriental Education & Technology (EDU) – FY3Q18: Expansion and Courses’ Pricing Mixture Change Drive Revenue Growth; Maintain BUY

EDU will report FY3Q18 results on Tuesday, April 24th before the markets open with an 8am EST conference call. Starting from FY1Q18, EDU has started its faster expansion by opening more learning centers while adjusting its course pricing structure to increase average price. As a result, its total attendees and quarterly average fees per attendee are both growing and making contributions to top line growth.

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