Investing.com - TAL Education reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
TAL Education announced earnings per share of $-0.17 on revenue of $541.15M. Analysts polled by Investing.com anticipated EPS of $-0.2139 on revenue of $1.21B.
TAL Education shares are down 22.9% from the beginning of the year, still down 95.13% from its 52 week high of $62.18 set on April 29, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
TAL Education follows other major Consumer Discretionary sector earnings this month
TAL Education's report follows an earnings missed by Amazon.com on Thursday, who reported EPS of $-7.56 on revenue of $116.44B, compared to forecasts EPS of $8.37 on revenue of $116.46B.
Tesla had beat expectations on April 20 with first quarter EPS of $3.22 on revenue of $18.76B, compared to forecast for EPS of $2.26 on revenue of $17.87B.
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