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BUZZ-TAL Education rises on quarterly results beat

ReutersJan 23, 2025 10:05 AM

** U.S.-listed shares of Chinese online-education firm TAL Education Group TAL.N rise 8.2% to $9.88 premarket

** Q3 revenue of $606.4 mln surpasses analysts' estimates of 542.2 mln, according to data compiled by LSEG

** Company posts Q3 adjusted net income of $38.6 mln vs estimates of $26.2 mln

** TAL beats revenue estimates for eight quarters in a row

** All of 20 brokerages rate stock "buy" or higher; their median PT is $14.05 - LSEG data

** TAL fell 8.9% in 2024

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