Investing.com - TAL Education reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
TAL Education announced earnings per share of $-0.076 on revenue of $1.29B. Analysts polled by Investing.com anticipated EPS of $-0.1087 on revenue of $1.3B.
TAL Education shares are down 34% from the beginning of the year, still down 93.48% from its 52 week high of $90.96 set on February 16. They are under-performing the Nasdaq which is up 15.57% from the start of the year.
TAL Education follows other major Consumer Discretionary sector earnings this month
TAL Education's report follows an earnings beat by Amazon.com on July 29, who reported EPS of $15.12 on revenue of $113.08B, compared to forecasts EPS of $12.23 on revenue of $115.42B.
Tesla had beat expectations on July 26 with second quarter EPS of $1.45 on revenue of $11.96B, compared to forecast for EPS of $0.9417 on revenue of $11.51B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar