• TAL Education Group TAL.N reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended November 30, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of six analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from zero cents to 7 cents per share.

• Revenue rose 62.4% to $606.45 million from a year ago; analysts expected $542.19 million.

• TAL Education Group's reported EPS for the quarter was 4 cents​.

• The company reported quarterly net income of $23.07 million.

• TAL Education Group shares had fallen by 8.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.1% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the miscellaneous educational service providers peer group is also "buy"

Wall Street's median 12-month price target for TAL Education Group is $14.05

This summary was machine generated from LSEG data January 23 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)