2U Inc expected to post earnings of 64 cents a share - Earnings Preview

2U

29/01/2024 21:04

* 2U Inc  TWOU.OQ   TWOU.O  is expected to show a rise in
quarterly revenue when it reports  results on January 31
(estimated) for the period ending December 31 2023
    * The Lanham Maryland-based  company is expected to report a
18.8% increase in revenue to $280.347 million from $236.05
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for 2U Inc is for earnings
of 64
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "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
$2.00​,
above​ its last closing price of $1.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.13       -0.13      -0.15     Missed  -13.2
 Jun. 30 2023  -0.08       -0.07      -0.18     Missed  -144.3
 Mar. 31 2023  -0.05       -0.07      -0.10     Missed  -46.9​
 Dec. 31 2022  0.20        0.21       0.23      Beat    9.5
 ​​Sep.        0.00        -0.03      -0.05     Missed  -84.6
 30 2022                                                
 Jun. 30 2022  -0.17       -0.19      -0.10     Beat    46.5​
 Mar. 31 2022  -0.25       -0.26      -0.24     Beat    8.7
 Dec. 31 2021  -0.24       -0.25      -0.20     Beat    18.8
 This summary was machine generated January 29 at 21:04 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)