TAL Education Group's Fiscal Q3 Non-GAAP Earnings, Revenue Increase; Shares Rise Premarket

MT Newswires Live
23 Jan

TAL Education Group (TAL) reported fiscal Q3 non-GAAP earnings Thursday of $0.06 per diluted American depositary share, compared with breakeven a year earlier.

Analysts polled by FactSet expected $0.03.

Revenue for the quarter ended Nov. 30 was $606.4 million, compared with $373.5 million a year earlier.

Analysts polled by FactSet expected $540.2 million.

Shares of TAL Education Group were up over 6% premarket.

Price: 9.69, Change: +0.56, Percent Change: +6.13

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