Gaotu Techedu (NYSE:GOTU) Posts Earnings Results, Beats Estimates By $0.01 EPS

Gaotu Techedu (NYSE:GOTU) issued its earnings results on Wednesday. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.01, Zacks reports. Gaotu Techedu had a negative return on equity of 37.79% and a negative net margin of 26.36%. Gaotu Techedu updated its Q1 2025 guidance to EPS.

Gaotu Techedu Stock Performance

GOTU stock traded up $0.85 during midday trading on Wednesday, reaching $3.38. 7,606,869 shares of the company were exchanged, compared to its average volume of 2,350,904. The company has a market cap of $876.05 million, a price-to-earnings ratio of -5.89 and a beta of 0.06. Gaotu Techedu has a 1-year low of $1.87 and a 1-year high of $8.44. The stock’s 50-day simple moving average is $2.28 and its 200 day simple moving average is $2.85.

Gaotu Techedu Company Profile

Gaotu Techedu Inc, a technology-driven education company, provides learning services, educational content, and digitalized learning products in the People's Republic of China. The company offers traditional online academic subject tutoring services that covers academic subjects, such as mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science for students; non-academic tutoring services; personal interest courses comprising chess learning, family relationships and education, humanities, and science courses; and professional courses primarily for college students and adults preparing for professional qualification exams, such as teacher's qualification, Chartered Financial Analyst designation, Certified Public Accountant designation, and other exams.