GSX Techedu Inc. (GSX) Misses Q3 EPS by 26c

GSX Techedu Inc. (NYSE: GSX) reported Q3 EPS of ($0.57), $0.26 worse than the analyst estimate of ($0.31). Revenue for the quarter came in at $289.5 million versus the consensus estimate of $288.3 million.

Business Outlook:

Based on the Company's current estimates, total net revenues for the fourth quarter of 2020 are expected to be between RMB2,076 million and RMB2,116 million, representing an increase of 122.0% to 126.3% 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. (GSX) click here.

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