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

2U

02/02/2023 22:03

* 2U Inc  TWOU.OQ  reported quarterly adjusted earnings of
23
cents​​ per share for the quarter ended in December. The mean
expectation of fourteen analysts for the quarter was
for earnings of 21 cents per share.
    * Revenue fell 3.1% to $236.05 million from a year ago;
analysts
expected $234.70 million. 
    * 2U Inc's reported EPS for the quarter was a loss of 15
cents​.
    * The mean earnings estimate of analysts had risen by
about 39.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * 2U Inc shares had risen by 47.4% this quarter.
    * The company reported a quarterly loss of $11.84 million.
    * Wall Street's median 12-month price target for 2U Inc is
$9.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
2 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.21           0.23           Beat
 Sep. 30 2022      -0.03          -0.05          Missed
 Jun. 30 2022      -0.19          -0.10          Beat
 Mar. 31 2022      -0.26          -0.24          Beat