How much has the education and training industry really recovered?
No more glory.
Stock price performance lags behind Q2's better-than-expected results, could tal education (TAL.US) be just one step away from playing the 'buyback card'?
The financial report shows that as of August 31, 2024, in the second quarter of tal education's fiscal year 2025, the net revenue reached 0.619 billion US dollars, a year-on-year increase of 50.4%; the net income attributable to tal education was 57.4 million US dollars, a year-on-year increase of 51.5%. This obviously exceeds the previous market expectations.
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US stock abnormal movement | Tal Education continued to rise by 2% before the market. Second-quarter revenue and net income both increased by more than 50% year-on-year.
Great Wall News October 25th | Tal Education (TAL.US) pre-market trading continued to rise by 2%, to $10.71. In terms of news, Tal Education announced its Q2 performance for the fiscal year 2025, with revenue of 0.619 billion yuan, a year-on-year increase of 50.4%; net income of $57.4 million, a year-on-year increase of 51.5%. Revenue for the first half of the fiscal year was $1.0335 billion, a year-on-year increase of 50.4%; net income of $68.8 million, while the same period last year recorded a net loss of $7.1 million. (Great Wall News)
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Express News | In the second fiscal quarter of Tal Education, net revenue increased by 50.4% year-on-year.
Press Release: TAL Education Group Announces Unaudited Financial Results for the Second Fiscal Quarter Ended August 31, 2024 and Issues Notice of Annual General Meeting
TAL Education Non-GAAP EPADS of $0.12, Revenue of $619.4M
Earnings Flash (TAL) TAL EDUCATION GROUP Reports Q2 EPS $0.12
Express News | TAL Education Q2 Operating Income USD 47.6 Million
Express News | TAL Education Q2 Revenue USD 619.4 Million Vs. IBES Estimate USD 604.4 Million
Express News | TAL Education Q2 Net Income USD 57.4 Million
Express News | TAL Education Group Announces Unaudited Financial Results for the Second Fiscal Quarter Ended August 31, 2024 and Issues Notice of Annual General Meeting
Express News | Tal Education: Net revenue of 0.6194 billion US dollars in the second quarter of the fiscal year 2025.
US stock anomaly | Tal Education rose more than 3.7% before the market opened and will release its performance today.
October 24th by Gleahan|TAL Education (TAL.US) pre-market trading rose more than 3.7%, to $10.59. On the news front, TAL Education will release its 2025 fiscal year Q2 results pre-market today, with analysts' average expected revenue reaching approximately $0.608 billion, implying a year-on-year growth of 47.6%; earnings per share of $0.1, flat compared to the same period last year. (Gleahan)