Shares of TAL Education Group (NYSE: TAL) plummeted by 9.57% on Tuesday, October 23rd, as investors braced for the company's upcoming second-quarter earnings report, scheduled for release on Thursday before market open.
The sell-off in TAL's stock reflects growing investor concerns about the company's ability to meet or exceed analyst expectations. While TAL has consistently beaten revenue estimates over the past two years, its earnings performance has been more mixed, missing analysts' projections 25% of the time.
Analysts are projecting flat year-over-year earnings per share (EPS) of $0.10 for the second quarter, along with a 47.6% increase in revenue to $607.96 million. However, recent downward revisions to EPS estimates by analysts suggest a heightened level of uncertainty surrounding TAL's profitability in the face of intense competition and regulatory challenges in the Chinese education sector.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。