New Oriental's Mixed Quarterly Report Card Is Missing Gold Stars
1. New Oriental Education's revenue grew 6% to $1.52 billion year-on-year. 2. Investors reacted negatively to a 1.9% decline in net profit. 3. The stock fell over 9% post-earnings report but recovered slightly. 4. U.S. protectionism is impacting overseas study services revenue growth. 5. Cost-cutting measures are the focus for short-term profit improvements.