TAL Education (TAL) Tops Q3 EPS by 3c

TAL Education (NYSE: TAL) reported Q3 EPS of $0.09, $0.03 better than the analyst estimate of $0.06. Revenue for the quarter came in at $433.3 million versus the consensus estimate of $419.24 million.

Business Outlook

Based on the Company's current estimates, total net revenues for the fourth quarter of fiscal year 2018 are expected to be between US$474.5 million and US$480.8 million, representing an increase of 50% to 52% on a year-over-year basis, assuming no material change in exchange rates.

These estimates reflect the Company's current expectation, which is subject to change.

For earnings history and earnings-related data on TAL Education (TAL) click here.

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