TAL Education Group expected to post earnings of 9  cents a share - Earnings Preview

TAL Education

24/10/2023 19:33

* TAL Education Group  TAL.N   TAL  is expected to show a
rise in
quarterly revenue when it reports  results on October 26. 
    * The Beijing-based  company is expected to report  a
33.9% increase in revenue to $393.726 million from $294.06
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for TAL Education Group
is
for earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 2
"hold" and 2 "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 $8.6​, below​ its last closing price of $9.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.01        0.01       0.04      Beat    433.3
 ​​May.        -0.05       -0.05      -0.03     Beat    36.2
 31 2022                                                
 Feb. 28 2022  0.04        0.03       -0.17     Missed  -607.5
                                                        ​
 Nov. 30 2021              -0.09                        
 Aug. 31 2021              0.06                         
 This summary was machine generated October 24 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated