TAL Education Beats But Guides Low After New Oriental Education Meets [Investor's Business Daily]
TAL Education Group American Depositary Shares (TAL)
Last tal education group american depositary shares earnings: 7/25 04:00 am
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Source: Investors Business Daily
Related news Chinese for-profit school stock TAL Education ( TAL ) easily beat fiscal Q4 earnings forecasts but gave weak revenue guidance Thursday after rival New Oriental Education & Technology ( EDU ) reported in-line earnings for the fiscal Q3 and also guided low on revenue. Increased regulations in the tutoring space in China have been a concern but analysts say that the regulations could actually help established players by keeping out upstarts. Estimates: TAL Education earnings per share are seen popping 21% to 17 cents as revenue rockets 37% to $687 million. Results : EPS of 20 cents on revenue of $726.6 million. Total student enrollments increased 71.2% to 4.48 million. Outlook : Fiscal Q1 revenue is seen at $699.3 million-$710.3 million, below consensus for $747 million. "Our overall education program is proceeding as planned with healthily paced growth in online business and measured capacity expansion in our learning center and geographic network." said CFO Rong Luo. S
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TAL
News
- TAL Education Group (NYSE: TAL) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- China Market Update: Hong Kong & Mainland China Higher With A China/US Tech Deep Dive [Forbes]Forbes
- TAL Education Group Announces Unaudited Financial Results for the Fourth Fiscal Quarter and the Fiscal Year 2024PR Newswire
- TAL Education: Focus On Regulatory Development And Earnings Preview [Seeking Alpha]Seeking Alpha
- TAL Education Group to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on April 25, 2024PR Newswire
TAL
Earnings
- 4/25/24 - Beat
TAL
Analyst Actions
- 2/15/24 - TheStreet
TAL
Sec Filings
- 4/29/24 - Form 144
- 4/29/24 - Form 144
- 4/29/24 - Form 144
- TAL's page on the SEC website