TAL Education (TAL) Soars 18% on Earnings Blowout

We recently published 10 Big Names With Explosive Gains.  TAL Education Group (NYSE:TAL) was one of the top performers on Thursday.

TAL Education jumped by 18.03 percent on Thursday to close at $12.70 apiece as investors took heart from an impressive earnings performance in the third quarter of fiscal year 2026.

In an updated report, TAL Education Group (NYSE:TAL) said that attributable net income surged by 465 percent to $130.6 million from $23.1 million in the same period last year.

Operating income stood at $93.1 million, reversing a loss of $17.4 million in the same comparable period.

Revenues jumped by 27 percent to $770.2 million from $606.4 million year-on-year.

"In the third quarter of fiscal year 2026, our net revenues continued their steady growth trajectory. We remain focused on integrating technology into learning experiences and are dedicated to enhancing our content, products, and services to support students' holistic development,” said TAL Education Group (NYSE:TAL) President and CFO Alex Peng.

"We will continue to drive forward our strategic initiatives and dynamically allocate resources to build competitive advantages and generate value for our users and society,” he added.

In July last year, TAL Education Group (NYSE:TAL) announced plans to buy back $600 million in shares over a 12-month period, of which only $27.7 million have just been spent, suggesting further room for more repurchase transactions in the future.

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Disclosure: None. This article is originally published at Insider Monkey.