Investing.com - TAL Education reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
TAL Education announced earnings per share of $0.02 on revenue of $1.1B. Analysts polled by Investing.com anticipated EPS of $0.05 on revenue of $1.13B.
TAL Education shares are up 47.97% from the beginning of the year and are trading at $71.32 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
TAL Education shares lost 4.81% in intra-day trade the report.
TAL Education follows other major Services sector earnings this month
TAL Education's report follows an earnings beat by Verizon on Wednesday, who reported EPS of $1.25 on revenue of $31.5B, compared to forecasts EPS of $1.22 on revenue of $31.59B.
Netflix had missed expectations on Tuesday with third quarter EPS of $1.74 on revenue of $6.44B, compared to forecast for EPS of $2.13 on revenue of $6.39B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar