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New Oriental Education & Technology Group Q2 adjusted earnings Beat Estimates

Below are the earnings highlights for New Oriental Education & Technology Group (EDU):

-Earnings: $53.44 million in Q2 vs. -$25.83 million in the same period last year.
-EPS: $0.34 in Q2 vs. -$0.16 in the same period last year.
-Excluding items, New Oriental Education & Technology Group reported adjusted earnings of $56.99 million or $0.36 per share for the period.
-Analysts projected $0.21 per share
-Revenue: $785.21 million in Q2 vs. $597.07 million in the same period last year.

-Guidance:
Next quarter revenue guidance: $983 - $1,006.4 Mln

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