TAL Education Group stock jumps 12% after earnings as buyback stays in play
TAL Education shares surged 12.5% to $12.10 after reporting a 27% revenue jump to $770.2 million and a return to operating profit for the quarter ended Nov. 30. Adjusted earnings reached 25 cents per ADS, topping estimates, while executives warned learning devices remain unprofitable and growth may slow in the second half.
