New Oriental Education Fiscal Q1 Non-GAAP Earnings, Revenue Rise; Shares Down Pre-Bell

05:15 AM EDT, 10/28/2026 (MT Newswires) -- New Oriental Education & Technology Group (EDU) reported fiscal Q1 non-GAAP earnings Wednesday of $1.92 per diluted American depositary share, up from $1.61 a year earlier. Two analysts polled by FactSet expected $1.81. Net revenue for the quarter ended Aug. 31 was $1.87 billion, compared with $1.52 billion a year earlier. Analysts expected $1.85 billion. The company reiterated its fiscal 2027 net revenue guidance range of $6.45 billion to $6.68 billion. Analysts expect $6.63 billion. New Oriental Education shares were down 8.6% in premarket activity.