Benzinga | Nov 20, 2020 07:11AM EST

GSX Techedu Earlier Reported Q3 EPS $(0.57) Misses $(0.31) Estimate, Sales $289.53M Beat $288.53M Estimate

GSX Techedu (NYSE:GSX) reported quarterly losses of $(0.57) per share which missed the analyst consensus estimate of $(0.31) by 83.87 percent. This is a 5800 percent decrease over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $289.53 million which beat the analyst consensus estimate of $288.53 million by 0.35 percent. This is a 48.02 percent decrease over sales of $556.99 million the same period last year.