TAL Education Group reports results for the quarter ended November 30 - Earnings Summary

TAL Education

23/01/2025 14:31

* TAL Education Group  TAL.N  reported quarterly adjusted
earnings
of 6 cents​​ per share for the quarter ended November 30, higher
than the same quarter last year, when the company reported
breakeven earnings per share.  The mean expectation of
six analysts for the quarter was for earnings of 4 cents per
share. Wall Street expected results to range from zero cents
to 7 cents per share.
    * Revenue rose 62.4% to $606.45 million from a year ago;
analysts
expected $542.19 million. 
    * TAL Education Group's reported EPS for the quarter was 4
cents​.
    * The company reported quarterly net income of $23.07
million.
    * TAL Education Group shares had fallen by 8.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the miscellaneous
educational service providers peer group is also "buy"

Wall Street's median 12-month price target for TAL Education
Group is $14.05 
This summary was machine generated from LSEG data January 23 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2024      0.04           0.06           Beat
 Aug. 31 2024      0.09           0.12           Beat
 May. 31 2024      -0.01          0.05           Beat
 Feb. 29 2024      0.02           0.08           Beat