GSX Techedu Inc. (GSX) Misses Q2 EPS by 5c

GSX Techedu Inc. (NYSE: GSX) reported Q2 EPS of $0.01, $0.05 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $233.6 million versus the consensus estimate of $232.75 million.

Business Outlook:

Based on the Company's current estimates, total net revenues for the third quarter of 2020 are expected to be between RMB1,936 million and RMB1,966 million, representing an increase of 247.6% to 253.0% 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. (GSX) click here.

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