-=GSX Techedu Inc. (GSX) reported earnings on Fri 20 Nov 20 (b/o)

 

Techedu misses by RMB1.58, reports revs in-line; guides Q4 revs below consensus

Reports Q3 (Sep) loss of RMB 3.62 per share, RMB 1.58 worse than the S&P Capital IQ Consensus of (RMB 2.04); revenues rose 252.9% year/year to RMB 1.97 bln vs the RMB 1.95 bln S&P Capital IQ Consensus.

Co issues downside guidance for Q4, sees Q4 revs of RMB2.08-2.12 bln vs. RMB 2.24 bln S&P Capital IQ Consensus.