New Oriental Education (NYSE:EDU) reported quarterly earnings of $0.55 per share which missed the analyst consensus estimate of $0.59 by 6.78 percent. This is a 9.84 percent decrease over earnings of $0.61 per share from the same period last year. The company reported quarterly sales of $1.530 billion which beat the analyst consensus estimate of $1.462 billion by 4.68 percent. This is a 23.09 percent increase over sales of $1.243 billion the same period last year.