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

TAL Education

22/10/2024 15:04

* TAL Education Group  TAL.N   TAL  is expected to show a
rise in
quarterly revenue when it reports  results on October 24 for the
period ending August 31 2024
    * The Beijing-based  company is expected to report a
46.7% increase in revenue to $604.401 million from $411.93
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG'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 20 "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 13.57​, above​ its last closing price of $11.04. ​​​

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   -0.01       -0.01      0.05      Beat    610.2
 Jan. 1 0001   0.02        0.02       0.08      Beat    233.3
 Jan. 1 0001   0.02        0.02       0.00      Missed  -100​
 Jan. 1 0001   0.09        0.09       0.10      Beat    10.7
 ​​Jan.        0.00        0.00       -0.03     Missed  -1,614
 1 0001                                                 .3
 Jan. 1 0001   0.02        0.02       -0.02     Missed  -217.6
                                                        ​
 Jan. 1 0001   0.02        0.02       -0.04     Missed  -286
 Aug. 31 2022  0.01        0.01       0.04      Beat    433.3
 This summary was machine generated October 22 at 14:03 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)