2U Inc expected to post a loss of 19  cents a share - Earnings Preview

2U

27/07/2022 03:04

* 2U Inc  TWOU.OQ   TWOU.O  is expected to show a rise in
quarterly revenue when it reports  results on July 28. 
    * The Lanham Maryland-based  company is expected to report 
a
7.6% increase in revenue to $255.319 million from $237.21
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 19 cents per share. For the same quarter last year, the
company reported a loss of 9 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 5.3%
in the last three months. ​
    * Wall Street's median 12-month price target for 2U Inc is
$16​,
above​ its last closing price of $9.11. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.25       -0.26      -0.24     Beat    8.7
 Dec. 31 2022  -0.24       -0.25      -0.20     Beat    18.8
 Sep. 30 2021  -0.25       -0.25      -0.23     Beat    9​
 Jun. 30 2021  -0.17       -0.16      -0.09     Beat    43
 ​​Mar.        -0.22       -0.23      -0.12     Beat    46.8
 31 2021                                                
 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
 This summary was machine generated July 27 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated