TAL Education Group (TAL) Expected to Announce Quarterly Earnings on Thursday

TAL Education Group (NYSE:TAL) is anticipated to announce its earnings results before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.04 per share and revenue of $538,080.00 billion for the quarter.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.03. TAL Education Group had a return on equity of 1.97% and a net margin of 3.94%. The firm had revenue of $619.36 million for the quarter, compared to analyst estimates of $609.51 million. During the same period in the previous year, the firm earned $0.06 earnings per share. 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

Shares of TAL stock opened at $9.60 on Thursday. TAL Education Group has a fifty-two week low of $7.34 and a fifty-two week high of $15.52. The stock’s 50-day moving average is $10.04 and its two-hundred day moving average is $9.84. The firm has a market cap of $5.81 billion, a P/E ratio of 87.27 and a beta of -0.01.

Analyst Ratings Changes

Separately, StockNews.com lowered TAL Education Group from a “hold” rating to a “sell” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating and three have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $14.80.

TAL Education Group Company Profile

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.