TAL: Expect Better FY2Q19 Results; Uncertainties From Policies Are Likely To Promote Company’s Conservative Approach To Its Near Future
TAL will report FY2Q19 earnings on Thursday, October 25th before the markets open with an 8am EST conference call. We are positive for its FY2Q19 as our data show that revenue is likely to be better than the Street expectation. However, there are some uncertainties that are caused by the government. During 2018, about 4 different policies and regulations came out in the off-school education area.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers 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 China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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