TAL Education Group expected to post earnings of 2 cents a share - Earnings Preview

TAL Education

23/01/2024 13:55

* TAL Education Group  TAL.N   TAL  is expected to show a
rise in
quarterly revenue when it reports  results on January 25 for the
period ending November 30 2023
    * The Beijing-based  company is expected to report a
42.3% increase in revenue to $331.17 million from $232.68
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (Majority on Net Revenue)
    * ​LSEG's mean analyst estimate for TAL Education Group is
for
earnings of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 3
"hold" and 1 "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 $12.65​, above​ its last closing price of $10.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Aug. 31 2023  0.09        0.09       0.10      Beat    10.7
 May. 31 2023  0.00        0.00       -0.03     Missed  -1,614
                                                        .3
 Feb. 28 2023  0.02        0.02       -0.02     Missed  -217.6
                                                        ​
 Nov. 30 2022  0.02        0.02       -0.04     Missed  -286
 ​​Aug.        0.01        0.01       0.04      Beat    433.3
 31 2022                                                
 May. 31 2022  -0.05       -0.05      -0.03     Beat    36.2​
 Feb. 28 2022  0.04        0.03       -0.17     Missed  -607.5
 Nov. 30 2021              -0.09                        
 This summary was machine generated January 23 at 13:55 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)