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TAL Education Group to Announce First Quarter of Fiscal Year 2023 Financial Results on July 29, 2022
BEIJING , July 20, 2022 /PRNewswire/ -- TAL Education Group ("TAL" or the "Company") (NYSE: TAL), a smart learning solutions provider in China, today announced that it will release its unaudited financial results for the first quarter of fiscal year 2023 ended May 31, 2022, before the market opens on Friday, July 29, 2022. The Company will host a corresponding conference call and live webcast at 8:00 a.m.
TAL Education Group (NYSE: TAL) shares closed higher by 9.00% to $4.36 Monday afternoon. Shares of several Chinese stocks are trading higher amid positive macroeconomic news in China related to the real estate sector.
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TAL Education Group (NYSE: TAL) shares are trading lower by 10.83% at $3.54. Shares of Chinese companies are trading lower in possible reaction to US President Biden's recent unveiling of the Indo-Pacific Economic Framework to counter China's influence in the region.
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TAL Education Group (NYSE:TAL ) Q4 2022 Earnings Conference Call April 29, 2022 8:00 AM ET Company Participants Jackson Ding - Investor Relations Director Alex Peng - President and Chief Financial Officer Conference Call Participants Lucy Yu - Bank of America D. S. Kim - JPMorgan Mark Li - Citi Sheng Zhong - Morgan Stanley Felix Liu - UBS Linda Huang - Macquarie Liping Zhao - CICC Operator Good day, and thank you for standing by.
TAL Education Group (NYSE: TAL) reported a fourth-quarter FY22 sales decline of 60.3% year-on-year, to $541.15 million. Operating costs and expenses declined 67.1% Y/Y to $546.3 million.