TAL Education (TAL) shares ended the last trading session 5.9% higher at $10.74. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 9.5% loss over the past four weeks.

This leading education stock gained on the expectations that some of the regulatory pressure on the industry will be eased after President-elect Donald Trump begins his term in January 2025.

This education services provider is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of +200%. Revenues are expected to be $549.71 million, up 47.2% from the year-ago quarter.

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For TAL Education, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on TAL going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

TAL Education is part of the Zacks Schools industry. K12 (LRN), another stock in the same industry, closed the last trading session 2.3% lower at $107.89. LRN has returned 8.4% in the past month.

For K12 , the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $1.97. This represents a change of +27.9% from what the company reported a year ago. K12 currently has a Zacks Rank of #1 (Strong Buy).

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