New Oriental morning plunge in the biggest decline of 12%

Beijing Time July 22 Evening News, the new Oriental Tuesday early trading plunged, the largest decline of more than 12%. As of 21:45, the new Oriental fell 12.67% and reported 21.14 dollars.

New Oriental today announced the unaudited fourth quarter and the full year 2014 financial results for the year ended May 31, 2014. Total net revenue rose 20% to $287.5 million in the quarter, up from $239.6 million a year earlier. Operating profits rose 26.3% per cent to $30.8 million a year earlier, up from $24.4 million trillion over the same period last quarter. Total net revenue for fiscal year 2014 grew 18.7% to $1.1389 billion, up from $959.9 million a year earlier. Operating profits for fiscal year 2014 rose 61.2% to $197.6 million, up from $122.6 million a year earlier.

According to Yahoo's financial data, 5 of Wall Street analysts on average expect earnings per share to be $0.24 trillion in the new Oriental quarter, according to U.S. General Accounting Standards (GAAP), with 6 analysts averaging $1.34 per share in the 2014 fiscal year. Earnings showed that the new Oriental quarter earnings per share of 0.27 U.S. dollars, 2014 fiscal year earnings per share of 1.37 U.S. dollars, more than analysts expected.

Also, on average, 6 Wall Street analysts expect total revenue to reach $281.58 million trillion in the new Oriental quarter, with 9 analysts averaging 1.14 billion dollars in 2014 fiscal year. Earnings showed that the total revenue for the new Oriental quarter was $2.875 trillion, exceeding analysts ' expectations, with a total revenue of $11.389 in fiscal 2014, less than analysts ' forecasts. (Twilight Rain)