New Oriental Education & Technology Group (NYSE: EDU) reported earnings on Jan. 17. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Nov. 30 (Q2), New Oriental Education & Technology Group beat expectations on revenues and whiffed on earnings per share.

Compared to the prior-year quarter, revenue increased significantly, and earnings per share improved significantly.

Gross margins increased, operating margins shrank, and net margins improved.

Revenue details
New Oriental Education & Technology Group tallied revenue of $132 million. The nine analysts polled by S&P Capital IQ predicted a top line of $129 million. Sales were 38% higher than the prior-year quarter's $96 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
Non-GAAP EPS came in at $0.05. The six earnings estimates compiled by S&P Capital IQ forecast $0.06 per share on the same basis. GAAP EPS of $0.02 for Q2 were 100% higher than the prior-year quarter's $0.01 per share.

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 53.7%, 30 basis points better than the prior-year quarter. Operating margin was -3%, 90 basis points worse than the prior-year quarter. Net margin was 2.5%, 60 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $177 million. On the bottom line, the average EPS estimate is $0.23.

Next year's average estimate for revenue is $758 million. The average EPS estimate is $1.00.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 723 members out of 876 rating the stock outperform, and 153 members rating it underperform. Among 241 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 173 give New Oriental Education & Technology Group a green thumbs-up, and 68 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 $34.92.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Motley Fool newsletter services have recommended buying shares of New Oriental Education & Technology Group. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.