Gaotu Techedu Inc expected to post a loss of 3 fen a share - Earnings Preview

Gaotu Techedu

17/05/2024 14:29

* Gaotu Techedu Inc  GOTU.N   GOTU.K  is expected to report
resultson May 21 for the period ending March 31 2024
    * The Beijing-based  company is expected to report revenue
of
CNY943.701 million, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on February
27 2024, for the period ended March 31, was for revenue between
CNY908.00 million and CNY928.00 million.
    * ​LSEG's mean analyst estimate for Gaotu Techedu Inc is for
a
loss of 3 fen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Gaotu
Techedu Inc
is $8.61​, above​ its last closing price of $7.99. ​​​

This summary was machine generated May 17 at 13:29 GMT.  All
figures in Chinese yuan renminbi unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)