Benzinga | Sep 2, 2020 06:46AM EDT

GSX Techedu Earlier Reported Q2 EPS $0.04 Misses $0.06 Estimate, Sales $233.59M Beat $233.32M Estimate

GSX Techedu (NYSE:GSX) reported quarterly earnings of $0.04 per share which missed the analyst consensus estimate of $0.06 by 33.33 percent. This is a 300 percent increase over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $233.59 million which beat the analyst consensus estimate of $233.32 million by 0.11 percent. This is a 353.40 percent increase over sales of $51.52 million the same period last year.