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

2U

29/07/2021 21:57

* 2U Inc  TWOU.OQ  reported a quarterly adjusted loss of 9
cents​​ per share for the quarter ended in June. The mean
expectation of thirteen analysts for the quarter was for a loss
of 16 cents per share.
* Revenue rose 29.8% to $237.21 million from a year ago; 
analysts expected $233.30 million. 
* 2U Inc's reported EPS for the quarter was a loss of 29 cents​.
* The mean earnings estimate of analysts had risen by about 1.3%
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 10.3% this quarter and gained 14.9%
so far this year.
* The company reported a quarterly loss of $21.83 million.
* Wall Street's median 12-month price target for 2U Inc is
$60.00 
* 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 July 29 at 08:57 p.m.  ​All
figures in US dollars unless otherwise stated