12:15 PM EST, 01/23/2025 (MT Newswires) -- (Updates with stock move in the headline and first paragraph.)

TAL Education Group's ( TAL ) shares rose more than 16% in recent Thursday trading after the company posted higher-than-expected fiscal Q3 results.

The tutoring company reported fiscal Q3 non-GAAP earnings of $0.06 per diluted American depositary share, compared with breakeven a year earlier.

Analysts polled by FactSet expected $0.03.

Revenue for the quarter ended Nov. 30 was $606.4 million, compared with $373.5 million a year earlier.

Analysts polled by FactSet expected $540.2 million.

Price: 10.64, Change: +1.51, Percent Change: +16.54