A Look at Youdao's Upcoming Earnings Report

Youdao DAO is gearing up to announce its quarterly earnings on Thursday, 2024-11-14. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Youdao will report an earnings per share (EPS) of $0.06.

The market awaits Youdao's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings Track Record

During the last quarter, the company reported an EPS beat by $0.15, leading to a 2.69% increase in the share price on the subsequent day.

Here's a look at Youdao's past performance and the resulting price change:

Stock Performance

Shares of Youdao were trading at $5.17 as of November 12. Over the last 52-week period, shares are up 29.25%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Youdao visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.