• Gaotu Techedu Inc GOTU.N reported a quarterly adjusted loss of 48 fen​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -40 fen. The mean expectation of two analysts for the quarter was for a loss of 76 fen per share. Wall Street expected results to range from -96 fen to -56 fen per share.

• Revenue rose 82.5% to CNY1.39 billion from a year ago; analysts expected CNY1.31 billion.

• Gaotu Techedu Inc's reported EPS for the quarter was a loss of 53 fen​.

• The company reported a quarterly loss of CNY135.83 million.

• Gaotu Techedu Inc shares had risen by 15.5% this quarter.

FORECAST CHANGES

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 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 $4.57

This summary was machine generated from LSEG data February 26 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)