Gaotu Techedu Inc reports results for the quarter ended March 31 - Earnings Summary

Gaotu Techedu

15/05/2025 14:31

Gaotu Techedu Inc GOTU.N reported quarterly adjusted earnings of 54 fen​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 1 fen.  The mean expectation of two analysts for the quarter was for earnings of 22 fen per share. Wall Street expected results

Revenue rose 57.7% to CNY1.49 billion from a year ago; analysts expected CNY1.43 billion.

The company reported quarterly net income of CNY137.34 million.

Gaotu Techedu Inc shares had risen by 16.9% this quarter and gained 73.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 650% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the miscellaneous educational service providers peer group is also "buy"

Wall Street's median 12-month price target for Gaotu Techedu Inc is $4.45

This summary was machine generated from LSEG data May 15 at 01:31 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.22
0.54
Beat
Dec. 31 2024
-0.76
-0.48
Beat
Sep. 30 2024
-0.97
-1.78
Missed
Jun. 30 2024
-1.53
-1.61
Missed