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Express News | 'US Lawmakers Urge SEC to Delist Alibaba and Chinese Companies'- Financial Times
Express News | U.S.-listed Chinese stocks surge at the opening, with Alibaba up over 4%.
We Think TAL Education Group's (NYSE:TAL) Robust Earnings Are Conservative
Express News | U.S.-listed Chinese stocks surge in overnight trading, with Alibaba up over 4%.
The Earnings Report is out and the stock price has plummeted nearly 20%. Is TAL Education (TAL.US) facing a "Davis Double Kill" or is it gearing up for the next round of market trends?
In the fourth quarter of 2024, TAL Education achieved a net income of 0.61 billion USD, a year-on-year increase of 42.1%, yet this performance still fell short of the previous market estimate of 0.64 billion USD; in terms of net income, the net loss attributable to TAL Education was 7.3 million USD, while the net income in the same period last year was 27.5 million USD, turning from profit to loss year-on-year. Furthermore, in Q4, the company reported a basic and diluted earnings per ADS of 0.01 USD under Non-GAAP standards, lower than the market's general expectation of 0.09 USD.
Earnings Miss: TAL Education Group Missed EPS By 33% And Analysts Are Revising Their Forecasts