GSX Techedu Inc. (GOTU) Tops Q1 EPS by 8c; offers guidance

GSX Techedu Inc. (NYSE: GOTU) reported Q1 EPS of RMB0.01, RMB0.08 better than the analyst estimate of (RMB0.07). Revenue for the quarter came in at RMB946.9 million versus the consensus estimate of RMB938.31 million.

GUIDANCE:

GSX Techedu Inc. sees Q2 2024 revenue of RMB908-928 million, representing an increase of 29.1% to 32.0% on a year-over-year basis. These estimates reflect the Company's current expectations, which are subject to change.

For earnings history and earnings-related data on GSX Techedu Inc. (GOTU) click here.

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