Benzinga | Sep 8, 2020 06:16AM EDT

China Online Education Gr Q2 Adj. EPS $0.25 Beats $0.11 Estimate, Sales $69.80M Beat $67.54M Estimate

China Online Education Gr (NYSE:COE) reported quarterly earnings of $0.25 per share which beat the analyst consensus estimate of $0.11 by 127.27 percent. This is a 231.58 percent increase over losses of $(0.19) per share from the same period last year. The company reported quarterly sales of $69.80 million which beat the analyst consensus estimate of $67.54 million by 3.35 percent. This is a 35.58 percent increase over sales of $51.48 million the same period last year.