EDU
The report card looks better than the market probably feared
New Oriental Education & Technology Group said its third-quarter earnings climbed from a year ago, with the lift coming from a mix of stronger core education demand and growth in newer businesses. In plain English: more students showed up, more users came through the door, and the company managed to squeeze more juice out of the whole operation.
The important part: the outlook got a little brighter
The company also raised its FY26 revenue outlook, which is the kind of line investors tend to perk up at. Guidance bumps matter because they tell you management sees the next few quarters as more than just a one-off good stretch — they see the trend continuing.
Why you should care
New Oriental has spent years rebuilding after China’s education rules basically hit the industry with a sledgehammer. So when you see growth in both the legacy business and the newer lines, it suggests the company is still figuring out how to grow inside the new playbook instead of hoping for the old one to come back.
Big picture
This is the kind of update that can keep EDU in the “show me more” bucket rather than the “maybe this recovery is fake” bucket. The stock usually cares less about one good quarter and more about whether the momentum sticks — and this report says the story is still alive.