TAL Education Group (TAL) shares tumbled 6.19% in pre-market trading on Thursday following the release of its fourth-quarter financial results, which fell short of analysts' expectations. The Chinese education company reported disappointing figures across multiple financial metrics, sparking concerns among investors.

According to the unaudited financial results, TAL Education posted a net loss of $7.3 million for the fourth quarter. The company's adjusted net income came in at $7 million, significantly below the $60 million estimate from IBES. Moreover, the adjusted operating income was reported at -$1.7 million, missing the IBES estimate of $28.2 million by a wide margin. These figures indicate that TAL Education is facing challenges in maintaining profitability and meeting market expectations.

In an attempt to boost investor confidence, TAL Education announced an extension of its share repurchase program for another 12 months. This move may provide some support for the stock price in the long term, but it appears insufficient to offset the immediate negative reaction to the earnings miss. As markets digest this information, investors will be closely watching for any additional guidance or strategic initiatives from TAL Education's management to address the company's financial performance.