TAL Education Q2 Adj EPS $0.10 Beats $0.09 Estimate, Sales $411.93M Beat $393.73M Estimate
Portfolio Pulse from Benzinga Newsdesk
TAL Education reported Q2 earnings of $0.10 per share, beating the analyst consensus estimate of $0.09 by 11.11%. This is a 150% increase over earnings of $0.04 per share from the same period last year. The company also reported quarterly sales of $411.93 million, beating the analyst consensus estimate of $393.73 million by 4.62%. This is a 40.08% increase over sales of $294.06 million the same period last year.
October 26, 2023 | 9:35 am
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POSITIVE IMPACT
TAL Education's Q2 earnings and sales beat estimates, with significant YoY increases. This could potentially lead to a positive short-term impact on the stock.
TAL Education's Q2 earnings and sales have significantly exceeded estimates, which is typically a positive signal for investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100