CLSA Downgrades TAL Education Group American De (XRS) to Outperform

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TAL Education Group (XRS) Misses Q4 EPS by 3c; Enrollment Rose 57%

April 28, 2016 9:33 AM EDT

TAL Education Group (NYSE: XRS) reported Q4 EPS of $0.23, $0.03 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $175 million versus the consensus estimate of $169.71 million.

Total student enrollments increased by 56.9% year-over-year to approximately 788,320 from approximately 502,350 in the... More