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EDUBearishEarningsnews

High materiality9/10

New Oriental Education, Walgreens And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Jan 21, 2025, 8:25 AM EST1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Weak earnings signals poor company performance; past earnings misses have led to sustained declines.

AI summary

What happened, with direct paths to the underlying reporting

EDU shares dropped 16.2% after weak earnings report. Quarterly earnings missed expectations at 22 cents versus 30 cents forecasted. Sales of $1.04 billion surpassed estimates but were overshadowed by earnings miss.

EDU shares dropped 16.2% after weak earnings report.
Quarterly earnings missed expectations at 22 cents versus 30 cents forecasted.
Sales of $1.04 billion surpassed estimates but were overshadowed by earnings miss.

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