Gaotu Techedu Inc GOTU.N, GOTU.K is expected to show a rise in quarterly revenue when it reports results on December 4 for the period ending September 30 2024
The Beijing-based company is expected to report a 53.4% increase in revenue to CNY1.211 billion from CNY789.41 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on August 27 2024, for the period ended September 30, was for revenue between CNY1.19 billion and CNY1.21 billion.
LSEG's mean analyst estimate for Gaotu Techedu Inc is for a loss of 97 fen per share.
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 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 $4.86, above its last closing price of $2.81.
This summary was machine generated December 2 at 13:34 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)
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