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

2U

05/05/2022 22:38

* 2U Inc  TWOU.OQ  reported a quarterly adjusted loss of 24
cents​​ per share for the quarter ended in March. The mean
expectation of twelve analysts for the quarter was for a loss
of 26 cents per share.
    * Revenue rose 9% to $253.33 million from a year ago; 
analysts
expected $252.93 million. 
    * 2U Inc's reported EPS for the quarter was a loss of
$1.65​.
    * The mean earnings estimate of analysts had fallen by
about 85%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * 2U Inc shares had fallen by 23.3% this quarter and
lost 49.2% so
far this year.
    * The company reported a quarterly loss of $125.78 million.
    * Wall Street's median 12-month price target for 2U Inc is
$20.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 5 at 09:38 p.m.  ​All
figures in US dollars unless otherwise stated