TAL Education Group expected to post earnings of 2 cents a share - Earnings Preview

* TAL Education Group 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 STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

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. 0.02 0.02 -0.04 Missed -286

30 2022

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)