TAL International Group (TAL) Set to Announce Earnings on Thursday
TAL International Group (NYSE:TAL) will post its Q413 quarterly earnings results on Thursday, February 13th. Analysts expect TAL International Group to post earnings of $1.01 per share and revenue of $157.73 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
On a related note, analysts at Zacks upgraded shares of TAL International Group from an “underperform” rating to a “neutral” rating in a research note on Monday, January 13th. They now have a $47.50 price target on the stock. Eleven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. TAL International Group currently has a consensus rating of “Hold” and an average price target of $48.95.
In other TAL International Group news, VP Marc Pearlin unloaded 2,000 shares of TAL International Group stock on the open market in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $42.09, for a total transaction of $84,180.00. Following the sale, the vice president now directly owns 35,026 shares in the company, valued at approximately $1,474,244. The sale was disclosed in a document filed with the SEC, which is available at this link.
TAL International Group, Inc is a lessor of intermodal containers and chassis. The Company has two segments: Equipment leasing, in which the Company owns, leases and disposes containers and chassis from its lease fleet, as well as manages containers owned by third parties, and Equipment trading, in which the Company purchases containers from shipping line customers, and other sellers of containers, and resells these containers to container traders and users of containers for storage or one-way shipment.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.