TAL Education Group expected to post earnings of 4 cents a share - Earnings Preview

Reuters
21 Jan
TAL Education Group <tal.n> expected to post earnings of 4 cents a share - Earnings Preview </tal.n>
  • TAL Education Group TAL.N, TAL is expected to show a rise in quarterly revenue when it reports results on January 23 for the period ending November 30 2024

  • The Beijing-based company is expected to report a 45.2% increase in revenue to $542.19 million from $373.51 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for TAL Education Group is for earnings of 4 cents per share.

  • 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 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 $14.05​, above​ its last closing price of $9.87. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Aug. 31 2024

0.10

0.09

0.12

Beat

39.3

May. 31 2024

-0.01

-0.01

0.05

Beat

610.2

Feb. 29 2024

0.02

0.02

0.08

Beat

233.3​

Nov. 30 2023

0.02

0.02

0.00

Missed

-100

​​Aug. 31 2023

0.09

0.09

0.10

Beat

10.7

May. 31 2023

0.00

0.00

-0.03

Missed

-1,614.3​

Feb. 28 2023

0.02

0.02

-0.02

Missed

-217.6

Nov. 30 2022

0.02

0.02

-0.04

Missed

-286

This summary was machine generated January 21 at 13:37 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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