Gaotu Techedu (NYSE:GOTU) reported its Q4 earnings results on Tuesday, March 8, 2022 at 12:00 AM.
Here's what investors need to know about the announcement.
Earnings
Gaotu Techedu missed estimated earnings by 26.92%, reporting an EPS of $0.19 versus an estimate of $0.26.
Revenue was down $138.90 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.73 which was followed by a 5.45% drop in the share price the next day.
Here's a look at Gaotu Techedu's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.13 | -0.22 | -0.38 | -0.38 |
| EPS Actual | -0.60 | -0.46 | -0.85 | -0.39 |
| Revenue Estimate | 439.63M | 387.45M | 292.38M | 329.24M |
| Revenue Actual | 173.03M | 345.73M | 296.15M | 338.86M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
