TAL Education Group (TAL) Projected to Post Earnings on Thursday

TAL Education Group (NYSE:TAL) will likely be announcing its earnings results before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.04 per share and revenue of $538,080.00 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.03. TAL Education Group had a net margin of 3.94% and a return on equity of 1.97%. The firm had revenue of $619.36 million during the quarter, compared to analyst estimates of $609.51 million. During the same quarter in the prior year, the business posted $0.06 earnings per share. On average, analysts expect TAL Education Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TAL Education Group Trading Up 1.9 %

TAL stock opened at $9.87 on Tuesday. TAL Education Group has a 1-year low of $7.34 and a 1-year high of $15.52. The business’s 50 day moving average is $9.93 and its 200-day moving average is $9.82. The firm has a market cap of $5.97 billion, a P/E ratio of 89.70 and a beta of -0.01.

Analyst Ratings Changes

Separately, StockNews.com cut TAL Education Group from a “hold” rating to a “sell” rating in a report on Tuesday, January 14th. One analyst has rated the stock with a sell rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $14.80.

About TAL Education Group

TAL Education Group provides K-12 after-school tutoring services in the People’s Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.