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New Oriental Education Profits Jump On Tremendous Leverage

February 14th, 2020 · No Comments

  • The company seems set for 20%-30% growth for some time to come as it is taking market share from smaller players.
  • The company is enjoying a leverage bonanza and management argues there is more to come while cash is already pouring in.
  • The only cloud on the horizon is the coronavirus outbreak, which is likely to lead to a difficult quarter.

Source: New Oriental Education Profits Jump On Tremendous Leverage – New Oriental Education & Technology Group Inc. (NYSE:EDU) | Seeking Alpha

Tags: EDU