TAL Education Group expected to post earnings of 4 cents a share - Earnings Preview

TAL Education

21/01/2025 13:37

* TAL Education Group  TAL.N   TAL  is expected to show a
rise in
quarterly revenue when it reports  results on January 23 for the
period ending November 30 2024
    * The Beijing-based  company is expected to report a
45.2% increase in revenue to $542.19 million from $373.51
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for TAL Education Group is
for
earnings of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 20 "strong buy" or "buy," no
"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 $14.05​, above​ its last closing price of $9.87. ​​​

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 2024  0.10        0.09       0.12      Beat    39.3
 May. 31 2024  -0.01       -0.01      0.05      Beat    610.2
 Feb. 29 2024  0.02        0.02       0.08      Beat    233.3​
 Nov. 30 2023  0.02        0.02       0.00      Missed  -100
 ​​Aug.        0.09        0.09       0.10      Beat    10.7
 31 2023                                                
 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
 This summary was machine generated January 21 at 13:37 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)