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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
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📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
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Morgan Stanley: New Oriental's second quarter revenue beats expectations, but profits and guidance fall short of expectations
According to Morgan Stanley's research report, New Oriental (EDU.N) achieved a 19% year-on-year increase in total revenue for the second quarter of the 2025 fiscal year, which is 2% higher than market expectations; core revenue increased by 31.3% year-on-year, surpassing the previous guidance of 25% to 28% year-on-year. As for the outlook for the third quarter of the 2025 fiscal year, core revenue is expected to increase by 18% to 21% year-on-year (in USD) or 20% to 23% year-on-year (in RMB), which is lower than the full-year guidance of 30% year-on-year growth. Morgan Stanley has set a target price of $83 for New Oriental's US stocks and has given it a buy rating.