On June 26, Gelunhui | New Oriental (EDU.US) rose 2.03% before the market and reported $78. Daiwa issued a report stating that it raised New Oriental's revenue forecast for the fiscal year 2025 to 2026 by 3% to 4% to reflect higher assumed transactions of commodities from East Buy. Daiwa expects New Oriental's fourth-quarter revenue in fiscal year 2024 to increase by 32.5% year-on-year to US$1.14 billion, with expected growth relative to the company's guidance of 28% to 31%. The operating profit forecasted by non-US GAAP for operating profit is $69 million, and net profit is forecasted to be $74 million. The bank's forecast is basically consistent with the market expectations.
美股异动丨新东方盘前涨2% 获机构看好
US stocks are abnormal, with New Oriental up 2% in pre-market trading and bullish forecasts from institutions.
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