TAL Education Group (TAL) to Release Quarterly Earnings on Thursday

TAL Education Group (NYSE:TAL) is expected to be releasing its earnings data before the market opens on Thursday, January 23rd. Analysts expect TAL Education Group to post earnings of $0.04 per share and revenue of $538,080.00 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

TAL Education Group (NYSE:TAL) last announced its 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 return on equity of 1.97% and a net margin of 3.94%. The business had revenue of $619.36 million during the quarter, compared to analyst estimates of $609.51 million. During the same period last year, the company earned $0.06 EPS. 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 Down 6.1 %

TAL stock opened at $9.27 on Wednesday. TAL Education Group has a 1-year low of $7.34 and a 1-year high of $15.52. The firm has a market cap of $5.60 billion, a PE ratio of 84.23 and a beta of -0.01. The stock has a 50-day moving average price of $9.91 and a 200-day moving average price of $9.81.

Analyst Ratings Changes

Separately, StockNews.com downgraded TAL Education Group from a “hold” rating to a “sell” rating in a research note on Tuesday, January 14th. One analyst has rated the stock with a sell rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, TAL Education Group has an average rating of “Moderate Buy” and an average price target 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.