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

2U

28/07/2022 22:02

* 2U Inc  TWOU.OQ  reported a quarterly adjusted loss of 10
cents​​ per share for the quarter ended in June. The mean
expectation of thirteen analysts for the quarter was for a loss
of 19 cents per share.
    * Revenue rose 1.8% to $241.46 million from a year ago;
analysts
expected $255.32 million. 
    * 2U Inc's reported EPS for the quarter was a loss of 82
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * 2U Inc shares had fallen by 4.0% this quarter and
lost 49.9% so
far this year.
    * The company reported a quarterly loss of $68.85 million.
    * Wall Street's median 12-month price target for 2U Inc is
$16.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.19          -0.10          Beat
 Mar. 31 2022      -0.26          -0.24          Beat
 Dec. 31 2021      -0.25          -0.20          Beat
 Sep. 30 2021      -0.25          -0.23          Beat