TAL Education: Fiscal 3Q Earnings Snapshot
BEIJING (AP) _ TAL Education Group (TAL) on Thursday reported a fiscal third-quarter loss of $43.6 million, after reporting a profit in the same period a year earlier.
The Beijing-based company said it had a loss of 7 cents per share. Earnings, adjusted for stock option expense, came to 2 cents per share.
The education services provider posted revenue of $1.12 billion in the period.
For the current quarter ending in February, TAL Education said it expects revenue in the range of $1.18 billion to $1.2 billion.
TAL Education shares have dropped slightly more than 5% since the beginning of the year. The stock has increased 30% 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