What factors could drive EDU's future EPS growth?

New Oriental's future EPS growth is likely to be driven by a combination of factors, including: 1. **Revenue Growth from New Business Segments**: The company's focus on expanding non-academic educational services has led to a 19.4% year-over-year revenue growth in Q2 2025. As New Oriental continues to innovate and capture new revenue opportunities, this trend is expected to contribute positively to EPS growth. 2. **Operational Efficiency and Cost Management**: The company's emphasis on enhancing operational efficiency and creating sustainable value for customers and shareholders could lead to better cost management, potentially improving margins and, consequently, EPS. 3. **Strategic Investments and Initiatives**: New Oriental's financial strength supports ongoing investments and strategic initiatives. These investments could lead to higher revenues and profitability over time, supporting EPS growth. 4. **Share Repurchase Program**: The share repurchase program authorized by the company's board of directors could lead to a reduction in the number of shares outstanding, potentially boosting EPS growth if the company's earnings per share increase at a faster rate than the repurchase of shares. 5. **Acquisitions and Divestitures**: The company's acquisition of online education businesses and the deconsolidation of certain subsidiaries could impact EPS growth if these transactions lead to more efficient operations or higher profitability. In summary, New Oriental's future EPS growth is likely to be driven by a combination of revenue growth, operational efficiency, strategic investments, share repurchases, and the impact of acquisitions and divestitures.