Report
Tian Hou
EUR 213.95 For Business Accounts Only

EDU: Growth Driven By Steady Expansion and Growth Of K-12 Course Offerings; Maintain BUY & Raise PT

EDU will report FY1Q20 results on October 22nd before the markets open with an 8am EST conference call. We are positive on EDU into FY1Q20 earnings. During the quarter, we saw steady expansion in both physical locations as well as dual-teacher model, which is likely to lead to high growth in course offerings as well as attendees. In addition, fewer discounts in summer promotional courses are likely to lead to better margins.

Underlying
New Oriental Education & Technology Group Inc. Sponsored ADR

Provider
T.H. Capital
T.H. Capital

​T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.

Analysts
Tian Hou

Other Reports on these Companies
Other Reports from T.H. Capital

ResearchPool Subscriptions

Get the most out of your insights

Get in touch