2U Inc reports results for the quarter ended in December - Earnings Summary

2U

09/02/2022 22:38

* 2U Inc  TWOU.OQ  reported a quarterly adjusted loss of 20
cents​​ per share for the quarter ended in December. The mean
expectation of twelve analysts for the quarter was for a loss
of 25 cents per share.
    * Revenue rose 13.2% to $243.62 million from a year ago; 
analysts
expected $243.00 million. 
    * 2U Inc's reported EPS for the quarter was a loss of 89
cents​.
    * The mean earnings estimate of analysts had fallen by
about 32.8%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * 2U Inc shares had fallen by 13.6% this quarter.
    * The company reported a quarterly loss of $67.26 million.
    * Wall Street's median 12-month price target for 2U Inc is
$33.00 
    * 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." 

This summary was machine generated February 9 at 10:38 p.m.
 ​All figures in US dollars unless otherwise stated