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

2U

07/11/2022 22:03

* 2U Inc  TWOU.OQ  reported a quarterly adjusted loss of 5
cents​​
per share for the quarter ended in September. The mean
expectation of thirteen analysts for the quarter was for a loss
of 3 cents per share.
    * Revenue fell 0.1% to $232.24 million from a year ago;
analysts
expected $232.04 million. 
    * 2U Inc's reported EPS for the quarter was a loss of
$1.57​.
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * 2U Inc shares had fallen by 4.8% this quarter and
lost 70.4% so
far this year.
    * The company reported a quarterly loss of $121.68 million.
    * Wall Street's median 12-month price target for 2U Inc is
$12.00 
    * 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 November
7 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.03          -0.05          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