Gaotu Techedu Inc GOTU.N, GOTU.K is expected to show a rise in quarterly revenue when it reports results on February 26 for the period ending December 31 2024
The Beijing-based company is expected to report a 72.2% increase in revenue to CNY1.31 billion from CNY761.01 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on December 4 2024, for the period ended December 31, was for revenue between CNY1.29 billion and CNY1.31 billion.
LSEG's mean analyst estimate for Gaotu Techedu Inc is for a loss of 76 fen per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "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 $4.57, above its last closing price of $2.67.
This summary was machine generated February 24 at 14:17 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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