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TAL Education: Fiscal 3Q Earnings Snapshot

BEIJING (AP) _ TAL Education Group (TAL) on Thursday reported fiscal third-quarter profit of $123.8 million.

On a per-share basis, the Beijing-based company said it had net income of 21 cents. Earnings, adjusted for stock option expense, came to 24 cents per share.

The education services provider posted revenue of $586 million in the period.

For the current quarter ending in February, TAL Education said it expects revenue in the range of $670.5 million to $685.6 million.

TAL Education shares have climbed 17 percent since the beginning of the year. The stock has climbed 12 percent in the last 12 months.


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