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

TAL Education Group (NYSE:TAL) is anticipated to announce 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. Investors interested in listening to the company’s conference call can do so using this link.

TAL Education Group (NYSE:TAL) last released its quarterly earnings results on Thursday, October 24th. The company reported $0.12 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 firm had revenue of $619.36 million for the quarter, compared to analyst estimates of $609.51 million. During the same period in the previous year, the company posted $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 Stock Down 6.1 %

Shares of TAL opened at $9.27 on Wednesday. The business’s 50 day moving average is $9.91 and its two-hundred day moving average is $9.81. TAL Education Group has a 52-week low of $7.34 and a 52-week high of $15.52. The firm has a market cap of $5.60 billion, a price-to-earnings ratio of 84.23 and a beta of -0.01.

Analysts Set New Price Targets

Separately, StockNews.com cut TAL Education Group from a “hold” rating to a “sell” rating in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating and three have given a buy rating to the stock. According to MarketBeat.com, TAL Education Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.80.

TAL Education Group Company Profile

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.