Home › Data Reports › TAL: Higher Growth In Attendees Combined With Less Promotional Discounts Driving Better FY2Q21 Topline Results; Marketing For Online Business Was Still High

TAL: Higher Growth In Attendees Combined With Less Promotional Discounts Driving Better FY2Q21 Topline Results; Marketing For Online Business Was Still High

  • Date: Oct 21, 2020
  • Tags：TAL
  • Industry：Education
  • Partial Report：Name: TAL F2Q21 Preview 10202020.pdf - Size: 0.45M - Free Download
  • TAL: Higher Growth In Attendees Combined With Less Promotional Discounts Driving Better FY2Q21 Topline Results; Marketing For Online Business Was Still High

TAL will report FY2Q21 results on October 22nd before the markets open with an 8am EST conference call. We are positive on TAL’s FY2Q21 topline performance. Based on our data and model, we believe the company’s FY2Q21 revenue is likely to be at least in line, but highly likely to be higher than consensus at $1,133.0M (24.0% Y/Y growth, vs. company’s guidance of 15% - 21% Y/Y growth.

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T.H. Capital is an independent research and investment advisory firm specializing in China. We offer real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects, from China ADRs to international names that have meaningful exposure to the China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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