Analysts See 3Q19 loss of $ 0.32 for LAIX Inc. (NYSE:LAIX)

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LAIX Inc. (NYSE:LAIX) is set to announce third quarter earning results on Tuesday 19th November 2019, after market close.

Analysts surveyed by Thomson Reuters are predicting, LAIX to report 3Q19 loss of $ 0.32 per share.

For the full year, analysts anticipate top line of $ 156.58 million, while looking forward to loss of $ 1.19 per share bottom line.

The Company Outlook

Revenue for 3Q19 are expected in a range of Rmillionbillion 230.00 million ~ Rmillionbillion 250.00 million

Historical Earnings Performance

The pervious quarter 2Q19 results beat analysts estimates by 25.81 percent, the report interpreted loss of $ 0.23 per share from the top line of $ 276.43 million, analysts anticipated loss of $ 0.31 per share

In the same quarter last year, the 3Q18 results surrendered to estimates by 206.67 percent, the report represented loss of $ 0.92 per share from the revenues of $ 180.45 million, analysts expected loss of $ 0.3 per share

Recent Analyst recommendations

On 6th September 2019, downgraded by Goldman Sachs Group to Neutral from Buy rating.

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