Investing.com - TAL Education reported on Friday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
TAL Education announced earnings per share of $-0.03 on revenue of $224M. Analysts polled by Investing.com anticipated EPS of $0.21 on revenue of $213.29M.
TAL Education shares are up 28% from the beginning of the year and are trading at $5.32 , down-from-52-week-high.They are outperforming the S&P 500 which is down 14.56% 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 $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1279 on revenue of $119.18B.
Tesla had beat expectations on July 20 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.
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