2U Inc expected to post a loss of 7 cents a share - Earnings Preview

2U

24/07/2023 13:04

* 2U Inc  TWOU.OQ   TWOU.O  is expected to show a fall in
quarterly revenue when it reports  results on July 26
(estimated). 
    * The Lanham Maryland-based  company is expected to report 
a
3.0% decrease in revenue to $234.152 million from $241.46
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 7
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 6
"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
$7.5​,
above​ its last closing price of $4.03. ​​​

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 2023  -0.05       -0.07      -0.10     Missed  -46.9
 Dec. 31 2023  0.20        0.21       0.23      Beat    9.5
 Sep. 30 2022  0.00        -0.03      -0.05     Missed  -84.6​
 Jun. 30 2022  -0.17       -0.19      -0.10     Beat    46.5
 ​​Mar.        -0.25       -0.26      -0.24     Beat    8.7
 31 2022                                                
 Dec. 31 2021  -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
 This summary was machine generated July 24 at 12:04 GMT.  All
figures in US dollars  unless otherwise stated