TAL Education Group expected to post earnings of 9 cents a share - Earnings Preview

Reuters
22 Oct 2024

* TAL Education Group is expected to show a rise in quarterly revenue when it reports results on October 24 for the period ending August 31 2024

* The Beijing-based company is expected to report a 46.7% increase in revenue to $604.401 million from $411.93 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for TAL Education Group is for earnings of 9 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for TAL Education Group is 13.57​, above​ its last closing price of $11.04. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 -0.01 -0.01 0.05 Beat 610.2

Jan. 1 0001 0.02 0.02 0.08 Beat 233.3

Jan. 1 0001 0.02 0.02 0.00 Missed -100​

Jan. 1 0001 0.09 0.09 0.10 Beat 10.7

​​Jan. 0.00 0.00 -0.03 Missed -1,614

1 0001 .3

Jan. 1 0001 0.02 0.02 -0.02 Missed -217.6

Jan. 1 0001 0.02 0.02 -0.04 Missed -286

Aug. 31 2022 0.01 0.01 0.04 Beat 433.3

This summary was machine generated October 22 at 14:03 GMT. 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)

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