41 Stocks Moving in Friday's Pre-Market Session. So what? Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. Christensen. IBD has won 2 Benzinga Fintech Awards, including a Lifetime Achievement Award for William O’Neil! Thank you for subscribing! Last month, Citron said the China stock "should get halted and investigated" and labeled it "the most blatant Chinese stock fraud since 2011.". GSX stock is right around a downward-sloping trend line, offering a possible entry for aggressive investors. Revenue for the quarter came in at $289.5 million … In US . Create one. Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content. Earnings per share decreased 5800.00% year over year to ($0.57), which missed the estimate of ($0.31). Citron, which is led by investor Andrew Left, initially attacked GSX shortly after fellow China stock Luckin Coffee (LK) said it was investigating "fabricated sales" that could total more than $300 million. The report will be for the fiscal Quarter ending Sep 2020. The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.59 billion. GSX Techedu Inc. (NYSE:GSX) went down by -4.27% from its latest closing price compared to the recent 1-year high of $141.78. Don't have a Benzinga account? GSX earnings soared 417% to 9 cents per share, as revenue shot up 382% to $183 million. GSX Techedu revenue in-line SA News • Yesterday, 1:10 AM • 10 Comments Q2 2020 (Jun 2020) EPS of $0.04 missed by -$0.02 Revenue of $241.43M (383.56% YoY) beat by $12.39M Q1 2020 (Mar 2020) … Revenue of $289,532,000 declined by 48.02% from the same period last year, which beat the estimate of $288,530,000. If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com. Stock Info. GSX earnings soared 417% to 9 cents per share, as revenue shot up 382% to $183 million. TAL Education (TAL), which is investigating revenue fraud claims in a relatively small unit, fell 0.8% to 51.69. The Earnings Whisper Score gives the statistical odds for the stock ahead of earnings. It operates solely in the PRC and all assets are located in the PRC. GSX Techedu Inc. (NYSE:GSX) scored a price-to-earnings ratio above its average ratio, recording 303.90 x from its present earnings ratio. 8:00am EDT. On Monday, Citron said it has uncovered "more multiple smoking guns" and predicted "honest people in China ratting on the dishonest" will lead to an SEC investigation. GSX Techedu Inc. (NYSE:GSX)’s traded shares stood at 5,583,972 during the last session, with the company’s beta value hitting 0. The IBD 50 stock closed down 1.7% at 38.99 on the stock market today, holding above the 50-day moving average. TAL Education sees its Relative Strength Rating reach the 80-plus... Investors are finding fewer stocks to buy, but also huge gains when they pick the winners that survive and thrive. GSX Techedu Inc. (NYSE: GSX) Q3 2020 Earnings Call Nov 20, 2020, 8:00 a.m. A daily collection of all things fintech, interesting developments and market updates. Read about potential market outcomes post-cure. Get pre-market outlook, mid-day update and after-market roundup emails in your inbox. Press Release reported on 11/20/20 that GSX Announces Third Quarter 2020 Unaudited Financial Results This Cyber Monday, get 2 weeks of MarketSmith for the lowest price of the year: only $14.95! The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. You can fool U.S. investors but not a Chinese Mother.". ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/gsx/mediaframe/41768/indexr.html, Price action over last quarter: down 21.77%. TAL Education sees its Relative Strength Rating reach the 80-plus level. Get market updates, educational videos, webinars, and stock analysis. BREAKING: Dow Futures Fall But Techs Rise. Get instant access to exclusive stock lists, expert market analysis and powerful tools with 5 weeks of IBD Digital for only $5! At the close of trading, the stock’s price was $62.3, to imply a decline of -4.27% or -$2.78 in intraday trading. Realtime quote and/or trade prices are not sourced from all markets. ", Citron Research, which previously has accused GSX of fraud, again challenged the veracity of the firm's financials on Wednesday, tweeting "When you have locals in China writing fraud reports, you know it has to be bad. Ownership data provided by Refinitiv and Estimates data provided by FactSet. Earnings Scheduled For November 20, 2020. The Stock Checkup Tool shows it has a strong EPS Rating of 84, while its Relative Strength Rating is a best possible 99. Founder and CEO Larry Xiangdong Chen said the firm had expanded investments in customer acquisition and technology development "to lay a solid foundation for our healthy and sustainable growth over the long-term. The reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by $0.01. Nov 20 / MotleyFool.com - … New Oriental Education & Technology (EDU) dipped 0.2% to 123.05. Do you use Tradestation, Vanguard or Ally for trading? The company’s stock price has collected -8.40% of loss in the last five trading sessions. Authors may own the stocks they discuss. *Real-time prices by Nasdaq Last Sale. However this followed a steep drop April 1. Citron said the China stock "should get halted and investigated", TAL Education Market Leadership Shows With Jump In RS Rating, TAL Education Clears Technical Benchmark, Hitting 80-Plus RS Rating, Stocks Fall Amid Washington Gridlock As Bitcoin Makes A Comeback, New Oriental Education & Technology Reaches 80-Plus Relative Strength Rating Benchmark, New Oriental Education Beats Estimates But Stock Slides, Stocks With Rising Relative Price Strength: New Oriental Education & Technology, Stocks To Watch: New Oriental Education & Technology Sees RS Rating Jump To 83, New Oriental Education & Technology Clears Key Benchmark, Hitting 80-Plus RS Rating. At the moment it boasts a strong mix of earnings and stock market performance. Nov 23 / MotleyFool.com - Paid Partner Content. Contact IR. The company's segment includes provision of education services. It also offers foreign language, professional and interest courses. Q4 revenue expected between $305,762,000 and $311,653,000. EDU stock has a 142.48 traditional buy point, though just above 128 is a resistance area. The China stock has a very strong IBD Composite Rating of 94. Webcast. Paid course enrollments were up 307.4% year-over-year to 774,000, with the majority first-time users. GSX Techedu Inc. (GSX) Q3 2020 Earnings Call Transcript. ET. ", Watch These 14 Stocks Amid Coronavirus Market Rally, Buffett Preaches This Investing Advice After Coronavirus Crash, Watch Our Market Experts Spot Top Stocks Each Morning On IBD Live, Get Timely Buy & Sell Alerts With IBD Leaderboard, These Are The 5 Best Stocks To Buy And Watch Now. Shares are down 9.3% since reporting last quarter. GSX stock has a traditional buy point of 46.50. https://78449.choruscall.com/dataconf/productusers/gsx/mediaframe/41768/indexr.html, 10 Consumer Discretionary Stocks With Unusual Options Alerts In Today's Session, 10 Consumer Discretionary Stocks Showing Unusual Options Activity In Today's Session, 54 Stocks Moving In Friday's Mid-Day Session, Mid-Morning Market Update: Markets Open Lower; Foot Locker Profit Beats Expectations, Privacy Policy / Do Not Sell My Personal Data.

gsx techedu earnings

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