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Tal Education Group Issues Q4 2013 Revenue Guidance Below Analysts' Estimates; Lowers FY 2013 Revenue Guidance

Tuesday, 22 Jan 2013 03:01am EST 

Tal Education Group announced that for the fourth quarter of 2013, it expects net revenues between $58.0-$60.0 million. For fiscal 2013, it expects total net revenues in the estimated range of $224.3-$226.3 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $64.1 million for the fourth quarter of 2013 and $231.5 million for fiscal 2013. 

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