TAL International Group Inc. (TAL) reported fourth-quarter net income of $35.9 million, up from $35.4 million last year. On a per share basis, net income was $1.07, compared to $1.15 in the prior year quarter.
Adjusted net income was $34.0 million, or $1.02 per share, compared to $23.5 million or $0.76 per share in the comparable quarter last year. On average, nine analysts poled by Thomson Reuters expected the company to earn $0.99 per share. Analysts' estimates typically exclude special items.
Total revenues for the quarter increased to $134.19 million from $104.04 million in the year-ago period, while ten analysts expected revenues of $140.10 million for the quarter.
Looking ahead to the first quarter, the company expects adjusted pretax income to decrease from the fourth quarter of 2011 to the first quarter of 2012.
Further, TAL's Board of Directors has approved and declared a $0.55 per share quarterly cash dividend on its issued and outstanding common stock, payable on March 29, 2012 to shareholders of record at the close of business on March 8, 2012.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.