New Oriental Education & Technology Group (NYSE: EDU) is expected to report Q3 earnings on April 24. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict New Oriental Education & Technology Group's revenues will increase 24.1% and EPS will decrease -11.1%.

The average estimate for revenue is $216.5 million. On the bottom line, the average EPS estimate is $0.16.

Revenue details
Last quarter, New Oriental Education & Technology Group booked revenue of $165.9 million. GAAP reported sales were 30% higher than the prior-year quarter's $127.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at -$0.06. GAAP EPS were -$0.10 for Q2 against $0.02 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 51.4%, 270 basis points worse than the prior-year quarter. Operating margin was -16.2%, much worse than the prior-year quarter. Net margin was -9.5%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $962.0 million. The average EPS estimate is $0.90.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 715 members out of 857 rating the stock outperform, and 142 members rating it underperform. Among 187 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 127 give New Oriental Education & Technology Group a green thumbs-up, and 60 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on New Oriental Education & Technology Group is outperform, with an average price target of $22.34.

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