TAL Education Group <TAL.N> expected to post earnings of 2 cents a share - Earnings Preview
TAL Education Group TAL.N, TAL is expected to show a rise in quarterly revenue when it reports results on April 25 for the period ending February 29 2024
The Beijing-based company is expected to report a 44.9% increase in revenue to $389.779 million from $268.99 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data. (Majority on Net Revenue)
LSEG's mean analyst estimate for TAL Education Group is for earnings of 2 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 2 "hold" and 1 "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 $13.90, above its last closing price of $11.95.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
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 |
Aug. 31 2022 | 0.01 | 0.01 | 0.04 | Beat | 433.3 |
May. 31 2022 | -0.05 | -0.05 | -0.03 | Beat | 36.2 |
Feb. 28 2022 | 0.04 | 0.03 | -0.17 | Missed | -607.5 |
This summary was machine generated April 23 at 14:04 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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