TAL Education rises on quarterly results beat

TAL Education

23/01/2025 10:05

** U.S.-listed shares of Chinese online-education firm TAL
Education Group  TAL.N  rise 8.2% to $9.88 premarket
    ** Q3 revenue of $606.4 mln surpasses analysts' estimates of
542.2 mln, according to data compiled by LSEG
    ** Company posts Q3 adjusted net income of $38.6 mln vs
estimates of $26.2 mln 
    ** TAL beats revenue estimates for eight quarters in a row
    ** All of 20 brokerages rate stock "buy" or higher; their
median PT is $14.05 - LSEG data
    ** TAL fell 8.9% in 2024


 (Reporting by Sanchayaita Roy in Bengaluru)
 ((sanchayaita.roy@thomsonreuters.com))