2U Inc expected to post a loss of 16 cents a share - Earnings Preview

2U

27/07/2021 22:44

* 2U Inc  TWOU.OQ   TWOU.O  is expected to show a rise in
quarterly revenue when it reports results on July 29. 
* The Lanham, Maryland-based company is expected to report   a
27.7% increase in revenue to $233.302 million from $182.69
million a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for 2U Inc is for a loss
of 16 cents per share. For the same quarter last year, the
company reported a loss of 34 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for 2U Inc is $60​,
about 24.3% above​ its last closing price of $45.41. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.22       -0.23      -0.12     Beat    46.8
 Dec. 31 2020  -0.08       -0.09      -0.06     Beat    36.5
 Sep. 30 2020  -0.24       -0.25      -0.24     Beat    4.6​
 Jun. 30 2020  -0.39       -0.39      -0.34     Beat    13.2
 Mar.          -0.42​      -0.43      -0.33     Beat    23.2​
 31​ 2020​                                              
 Dec. 31 2019  -0.15       -0.18      -0.18     Met     -0.9​
 Sep. 30 2019  -0.49       -0.50      -0.41     Beat    17.4
 Jun. 30 2019  -0.35       -0.35      -0.43     Missed  -23.1
 This summary was machine generated July 27 at 21:44 GMT.  All
figures in US dollars unless otherwise stated