TAL Education Group (NYSE:TAL) is scheduled to post its quarterly earnings results before the market opens on Thursday, October 26th. Analysts expect TAL Education Group to post earnings of $0.67 per share for the quarter.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings results on Thursday, July 27th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. TAL Education Group had a return on equity of 19.47% and a net margin of 11.14%. The company had revenue of $321.90 million during the quarter, compared to the consensus estimate of $306.46 million. The firm’s revenue for the quarter was up 65.0% compared to the same quarter last year. On average, analysts expect TAL Education Group to post $0.33 EPS for the current fiscal year and $0.55 EPS for the next fiscal year.

Shares of TAL Education Group (NYSE TAL) opened at 35.24 on Thursday. The company has a market capitalization of $17.42 billion, a P/E ratio of 145.02 and a beta of 0.26. The firm has a 50 day moving average price of $33.18 and a 200 day moving average price of $24.92. TAL Education Group has a one year low of $11.02 and a one year high of $35.87.

Several research analysts have recently weighed in on the company. UBS AG assumed coverage on TAL Education Group in a research report on Tuesday, August 1st. They issued a “buy” rating for the company. Jefferies Group LLC reissued a “buy” rating and issued a $29.33 price objective on shares of TAL Education Group in a research report on Monday, July 31st. Macquarie assumed coverage on TAL Education Group in a research report on Thursday, June 29th. They issued an “outperform” rating and a $27.50 price objective for the company. J P Morgan Chase & Co lifted their price objective on TAL Education Group to $31.67 and gave the stock an “overweight” rating in a research report on Thursday, July 27th. Finally, Citigroup Inc. assumed coverage on TAL Education Group in a research report on Tuesday, July 18th. They issued a “neutral” rating and a $25.00 price objective for the company. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $28.29.

COPYRIGHT VIOLATION NOTICE: This news story was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this news story on another site, it was illegally stolen and reposted in violation of United States and international copyright laws. The legal version of this news story can be read at https://www.thecerbatgem.com/2017/10/19/tal-education-group-tal-scheduled-to-post-earnings-on-thursday.html.

TAL Education Group Company Profile

TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.

Earnings History for TAL Education Group (NYSE:TAL)

Receive News & Stock Ratings for TAL Education Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAL Education Group and related stocks with our FREE daily email newsletter.