Gaotu Techedu (GOTU) Expected to Announce Quarterly Earnings on Wednesday

Gaotu Techedu (NYSE:GOTU) will likely be announcing its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $180.96 million for the quarter. Gaotu Techedu has set its Q4 2024 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Gaotu Techedu (NYSE:GOTU) last released its quarterly earnings data on Wednesday, December 4th. The company reported ($0.26) EPS for the quarter. Gaotu Techedu had a negative return on equity of 37.79% and a negative net margin of 26.36%.

Gaotu Techedu Stock Performance

Shares of GOTU opened at $2.67 on Monday. Gaotu Techedu has a 1 year low of $1.87 and a 1 year high of $8.44. The company has a market cap of $691.75 million, a price-to-earnings ratio of -4.68 and a beta of 0.06. The firm has a fifty day moving average of $2.27 and a 200-day moving average of $2.88.

About Gaotu Techedu

Gaotu Techedu Inc, a technology-driven education company, provides learning services, educational content, and digitalized learning products in the People's Republic of China. The company offers traditional online academic subject tutoring services that covers academic subjects, such as mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science for students; non-academic tutoring services; personal interest courses comprising chess learning, family relationships and education, humanities, and science courses; and professional courses primarily for college students and adults preparing for professional qualification exams, such as teacher's qualification, Chartered Financial Analyst designation, Certified Public Accountant designation, and other exams.