Unlike many folk here, I’m not a 5e expert, and anyway I believe Larian have made tweaks to the base ranger class, but I think that there are improvements to Favoured Enemy skills in 5e at levels higher than we get to in EA?
In the original form of Ranger, you should be getting extra enemy types and languages at levels 6 and 14, giving you three total from base Ranger. That's how it worked in the PHB. I'm not sure what Larian is planning with their homebrewed feature, might just be extra bits, same as PHB.
Personally, I really liked the replacement feature, Favored Foe, when it appeared in UA, but they changed it it when they published the feature in Tasha's, which made me sad.