Tal Education Group (XRS) Tops Q3 EPS by 3c, Offers Q4 and FY13 Sales Guidance, Raises FY12
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Tal Education Group (NYSE: XRS) reported Q3 EPS of $0.04, $0.03 better than the analyst estimate of $0.01. Revenue for the quarter came in at $40.7 million versus the consensus estimate of $36.96 million.
Total student enrollments during the third quarter of fiscal year 2012 increased by 50.0% year-over-year to approximately 141,100.
Tal Education Group sees Q4 2012 revenue of $48.1-$49.8 million, versus the consensus of $48.89 million.
Tal Education Group sees FY2012 revenue of $173.4-$175.1 million, versus prior guidance of $165.9-$171.4 million and the consensus of $171.26 million.
Looking further ahead to fiscal year 2013, the Company expects total net revenues to be in the estimated range of US$225.4 million to US$234.1 million, versus the consensus of $230.45 million, representing an increase of approximately 30% to 35% compared to the low end of the fiscal year 2012 guidance, assuming no material change in exchange rates.
For earnings history and earnings-related data on Tal Education Group (XRS) click here.
Total student enrollments during the third quarter of fiscal year 2012 increased by 50.0% year-over-year to approximately 141,100.
Tal Education Group sees Q4 2012 revenue of $48.1-$49.8 million, versus the consensus of $48.89 million.
Tal Education Group sees FY2012 revenue of $173.4-$175.1 million, versus prior guidance of $165.9-$171.4 million and the consensus of $171.26 million.
Looking further ahead to fiscal year 2013, the Company expects total net revenues to be in the estimated range of US$225.4 million to US$234.1 million, versus the consensus of $230.45 million, representing an increase of approximately 30% to 35% compared to the low end of the fiscal year 2012 guidance, assuming no material change in exchange rates.
For earnings history and earnings-related data on Tal Education Group (XRS) click here.
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