China Online Education Gr(NYSE:COE) stock fell by 5.75% on Wednesday after the company reported its Q2 earnings results on Tuesday, September 28, 2021 at 05:30 AM.
Here's what investors need to know about the announcement.
Earnings
China Online Education Gr beat their estimated earnings by 58.06%, which surprised analysts.
Revenue was up $19,946,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 14.16% drop in the share price the next day.
Here's a look at China Online Education Gr's past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|---|
| EPS Estimate | -0.31 | 0.05 | 0.09 | 0.08 | 0.11 |
| EPS Actual | -0.13 | 0.05 | 0.21 | 0.02 | 0.20 |
| Price Change % | -5.75% | -14.16% | 6.34% | 0.61% | 1.0% |
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