What caused EDU's Q4 2024 EPS to fall short of forecasts?

New Oriental Education & Technology's (EDU) Q4 2024 EPS fell short of forecasts due to several factors: 1. **Revenue Shortfall**: Although total net revenues increased by 19.4% year-over-year to $1,038.6 million, revenues from East Buy private label products and livestreaming business were excluded, which had grown by 31.3% year-over-year. This exclusion likely reduced the overall revenue figure, deviating from the forecast. 2. **Analyst Expectations**: Analysts had higher expectations, with an average price target of $49, indicating a potential for higher EPS. The actual EPS of $0.02 with an EPS surprise of -0.08 suggests that the company's performance did not meet analysts' expectations. |code|Ticker|Name|Date|Revenue Surprise|EPS Surprise|market_code| |---|---|---|---|---|---|---| |EDU|EDU.N|New Oriental|2024 Q3|1.07E8|-0.16|169| |EDU|EDU.N|New Oriental|2024 Q4|-3000000|-0.22|169| |EDU|EDU.N|New Oriental|2025 Q1|-5000000|0.11|169| |EDU|EDU.N|New Oriental|2025 Q2|9000000|-0.08|169| |code|Ticker|Name|Date|Total Revenue|Diluted EPS|market_code| |---|---|---|---|---|---|---| |EDU|EDU.N|New Oriental|2024 Q3|1.207286E9|0.05|169| |EDU|EDU.N|New Oriental|2024 Q4|1.136679E9|0.02|169| |EDU|EDU.N|New Oriental|2025 Q1|1.435416E9|0.15|169| |EDU|EDU.N|New Oriental|2025 Q2|1.038636E9|0.02|169| 3. **Market Conditions**: The broader market conditions, including the US presidential election and its aftermath, could have influenced investor sentiment and affected EDU's stock performance. However, these factors are indirect and less likely to directly impact EPS. In summary, EDU's Q4 2024 EPS fell short due to a combination of revenue shortfalls and lower-than-expected EPS, reflecting challenges in meeting market expectations.