By Amira McKee
Shares of TAL Education surged after the company posted a higher third-quarter profit and a double-digit boost in revenue.
The stock jumped 15% to $12.37 in Thursday afternoon trading. The shares have risen less than 1% in the past year.
The Chinese after-school education and tutoring company logged a profit of $130.6 million, or 23 cents per American depositary share, for the period ended Nov. 30, compared with $23.1 million, or 4 cents per share, a year earlier.
The results beat the 4 cents per share expected by Wall Street, according to FactSet.
Revenue was up 27% to $770.2 million, missing the $777.5 million expectation of analysts polled by FactSet.
Write to Amira McKee at amira.mckee@wsj.com
(END) Dow Jones Newswires
January 29, 2026 14:34 ET (19:34 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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