Recap: Gaotu Techedu Q3 Earnings

 

Gaotu Techedu GOTU reported its Q3 earnings results on Tuesday, February 22, 2022 at 01:00 AM.

Here's what investors need to know about the announcement.

Earnings

Gaotu Techedu missed estimated earnings by 561.54%, reporting an EPS of $-0.6 versus an estimate of $0.13.

Revenue was up $116.50 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.24 which was followed by a 0.32% drop in the share price the next day.

Here's a look at Gaotu Techedu's past performance:

 

Quarter Q2 2021 Q1 2021 Q4 2020
EPS Estimate -0.22 -0.38 -0.38
EPS Actual -0.46 -0.85 -0.39
Revenue Estimate 387.45M 292.38M 329.24M
Revenue Actual 345.73M 296.15M 338.86M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsNewsBZI-Recaps
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