Gaotu Techedu (NYSE:GOTU) will release its quarterly earnings report on Wednesday, 2024-12-04. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Gaotu Techedu to report an earnings per share (EPS) of $-0.11.
Anticipation surrounds Gaotu Techedu's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Overview of Past Earnings
Last quarter the company missed EPS by $0.01, which was followed by a 18.43% drop in the share price the next day.
Here's a look at Gaotu Techedu's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.21 | 0 | -0.07 | |
| EPS Actual | -0.22 | 0.001 | -0.06 | -0.022 |
| Price Change % | -18.0% | -8.0% | -2.0% | -4.0% |
To track all earnings releases for Gaotu Techedu visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
