Gaotu Techedu (NYSE: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.
