Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why TAL Education Stock Popped Today

TheMotleyFool

0 0

Shares of TAL Education (NYSE: TAL) have popped today, up by 15% as of 11:35 a.m. EST, after the company reported fiscal third-quarter earnings. The results were mixed relative to analyst expectations.

Revenue in the fiscal third quarter increased 35% to $1.12 billion, which was ahead of the $1.08 billion in sales that Wall Street was looking for. That resulted in adjusted net income of $10.4 million, or $0.02 per American depositary share (ADS). The consensus estimate called for $0.08 per ADS in adjusted profits. The Chinese tutoring company now has nearly 3.4 million students enrolled in long-term courses.

Image source: Getty Images.

Source Fool.com

Like: 0

TAL

Share