Recap: Gaotu Techedu Q3 Earnings

Gaotu Techedu GOTU reported its Q3 earnings results on Tuesday, February 22, 2022 at 01:00 AM.

Here's what investors need to know about the announcement.

Gaotu Techedu missed estimated earnings by 561.54%, reporting an EPS of $-0.6 versus an estimate of $0.13.

Revenue was up $116.50 million from the same period last year.

Last quarter the company missed on EPS by $0.24 which was followed by a 0.32% drop in the share price the next day.

Here's a look at Gaotu Techedu's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	-0.22	-0.38	-0.38
EPS Actual	-0.46	-0.85	-0.39
Revenue Estimate	387.45M	292.38M	329.24M
Revenue Actual	345.73M	296.15M	338.86M

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

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