TAL Education Group (TAL) to Release Earnings on Thursday

TAL Education Group (NYSE:TAL) will release its earnings data before the market opens on Thursday, October 24th. Analysts expect TAL Education Group to post earnings of $0.09 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

TAL Education Group (NYSE:TAL) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.08. The business had revenue of $414.19 million during the quarter, compared to analysts’ expectations of $392.39 million. TAL Education Group had a return on equity of 1.46% and a net margin of 3.24%. During the same period last year, the firm posted ($0.07) EPS. On average, analysts expect TAL Education Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TAL Education Group Price Performance

TAL opened at $11.41 on Wednesday. The company has a market capitalization of $6.90 billion, a PE ratio of 142.64 and a beta of 0.04. The business has a fifty day simple moving average of $9.27 and a 200 day simple moving average of $10.53. TAL Education Group has a 1 year low of $7.34 and a 1 year high of $15.52.

Wall Street Analyst Weigh In

TAL has been the topic of several research reports. StockNews.com downgraded shares of TAL Education Group from a “hold” rating to a “sell” rating in a research note on Monday, October 14th. Citigroup cut their price objective on shares of TAL Education Group from $21.30 to $13.40 and set a “buy” rating for the company in a report on Monday, August 5th. One investment analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $13.73.

About TAL Education Group

TAL Education Group provides K-12 after-school tutoring services in the People’s Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.