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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting investor optimism in the Chinese education sector's growth potential, New Oriental shares surged 13.38% to $57.59 following the release of its Q4 2026 results. Although the company reported earnings per share (EPS) of $0.55, missing analyst estimates of $0.60, the strong revenue performance outweighed the bottom-line miss. The company posted revenue of $1.53 billion, surpassing the $1.46 billion estimate and marking a significant 23.0% year-over-year increase.
According to financial reports, this growth was primarily driven by a 29.1% increase in the domestic test preparation business for adults and university students, alongside a 24.8% expansion in new educational initiatives. These figures highlight the company's successful diversification of its educational services, including preparation for both overseas and domestic exams. Following the announcement of these unaudited results for the quarter ending May 31, 2026, the company's market capitalization reached approximately $9.13 billion.
Regarding market levels, the instrument 9901.HK stood at 38.96 HKD (at close July 28, 2026) prior to the full impact of the earnings news. Traders are now watching resistance levels near the daily high of 39.66 HKD to see if the revenue-driven momentum can be sustained. In the absence of immediate Chinese economic catalysts in the upcoming calendar, focus remains on the broader services sector performance which has shown regional strength in recent data.