TAL Education Group expected to post a loss of 1 cent a share - Earnings Preview

TAL Education

30/07/2024 20:24

* TAL Education Group  TAL.N   TAL  is expected to show a
rise in
quarterly revenue when it reports  results on August 1 for the
period ending May 31 2024
    * The Beijing-based  company is expected to report a
43.1% increase in revenue to $394.198 million from $275.44
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for TAL Education Group is
for a
loss of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 19 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for TAL
Education
Group is $16.15​, above​ its last closing price of $10.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.02        0.02       0.08      Beat    233.3
 Jan. 1 0001               0.02                         -100
 Jan. 1 0001   0.09        0.09                         10.7​
 Jan. 1 0001   0.00        0.00       -0.03     Missed  -1,614
                                                        .3
 ​​Jan.        0.02        0.02       -0.02     Missed  -217.6
 1 0001                                                 
 Jan. 1 0001   0.02        0.02       -0.04     Missed  -286​
 Aug. 31 2022  0.01        0.01       0.04      Beat    433.3
 May. 31 2022  -0.05       -0.05      -0.03     Beat    36.2
 This summary was machine generated July 30 at 19:24 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)