Gaotu Techedu Expects Q2 Revenue Of $94.71M-$97.63M Vs Consensus $40.85M
Portfolio Pulse from Benzinga Newsdesk
Gaotu Techedu expects Q2 revenue to be between $94.71M and $97.63M, significantly higher than the consensus estimate of $40.85M.
May 30, 2023 | 7:23 am
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POSITIVE IMPACT
Gaotu Techedu's Q2 revenue forecast is much higher than expected, which could positively impact its stock price.
Gaotu Techedu's Q2 revenue forecast is significantly higher than the consensus estimate, indicating strong performance and potential growth. This news is likely to be seen as positive by investors, leading to an increase in demand for the stock and a potential rise in its price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100