* Gaotu Techedu Inc reported a quarterly adjusted loss of CNY1.78​​ per share for the quarter ended September 30. The mean expectation of two analysts for the quarter was for a loss of 97 fen per share. Wall Street expected results to range from CNY-1.72 to -22 fen per share.

* Revenue rose 53.1% to CNY1.21 billion from a year ago; analysts expected CNY1.21 billion.

* The company reported a quarterly loss of CNY471.27 million.

* Gaotu Techedu Inc shares had fallen by 24.0% this quarter and lost 17.7% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 30.2% in the last three months.​

* In the last 30 days, one analyst negatively revised an earnings estimate

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 $4.86 This summary was machine generated from LSEG data December 4 at 02:31 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

Sep. 30 2024 -0.97 -1.78 Missed

Jun. 30 2024 -1.53 -1.61 Missed

Mar. 31 2024 -0.03 0.01 Beat

Dec. 31 2023 -0.53 -0.40 Beat