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TAL Education: Fiscal 4Q Earnings Snapshot

BEIJING (AP) _ TAL Education Group (TAL) on Thursday reported fiscal fourth-quarter earnings of $99.6 million.

On a per-share basis, the Beijing-based company said it had net income of 17 cents. Earnings, adjusted for stock option expense, came to 20 cents per share.

The education services provider posted revenue of $726.6 million in the period.

For the year, the company reported profit of $367.2 million, or 61 cents per share. Revenue was reported as $2.56 billion.

For the current quarter ending in June, TAL Education said it expects revenue in the range of $699.3 million to $710.3 million.

TAL Education shares have increased 29 percent since the beginning of the year. The stock has fallen nearly 7 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