TAL Education Q1 Adj EPADS $(0.03), Same YoY, Sales $275.40M Beat $265.05M Estimate
Portfolio Pulse from Benzinga Newsdesk
TAL Education (NYSE:TAL) reported Q1 adjusted EPADS of $(0.03), unchanged YoY. The company's quarterly sales were $275.40 million, beating the analyst consensus estimate of $265.05 million by 3.90 percent. This represents a 22.92 percent increase over sales of $224.04 million in the same period last year.
July 27, 2023 | 9:01 am
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TAL Education's Q1 earnings were in line with last year's, but sales beat estimates by 3.90% and increased 22.92% YoY.
TAL Education's Q1 earnings were unchanged YoY, indicating stable profitability. However, the company's sales beat estimates and showed significant YoY growth, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100