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TAL Education: Fiscal 1Q Earnings Snapshot

July 25, 2019

BEIJING (AP) _ TAL Education Group (TAL) on Thursday reported a fiscal first-quarter loss of $7.3 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Beijing-based company said it had a loss of 1 cent. Earnings, adjusted for stock option expense, came to 3 cents per share.

The education services provider posted revenue of $702.8 million in the period.

For the current quarter ending in September, TAL Education said it expects revenue in the range of $895.7 million to $916.7 million.

TAL Education shares have increased 41% since the beginning of the year. The stock has dropped nearly 6% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TAL at https://www.zacks.com/ap/TAL

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