Coursera Inc expected to post earnings of 1 cent a share - Earnings Preview

Coursera

23/07/2024 22:53

* Coursera Inc  COUR.N   COUR.K  is expected to show a rise
in
quarterly revenue when it reports  results on July 25 for the
period ending June 30 2024
    * The Mountain View California-based  company is expected to
report a 7.0% increase in revenue to $164.413 million from
$153.7 million a year ago, according to the mean estimate from
12 analysts, based on LSEG data.The company's guidance on April
29 2024, for the period ended June 30, was for revenue between
$162.00 million and $166.00 million.
    * ​LSEG's mean analyst estimate for Coursera Inc is for
earnings
of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Coursera
Inc is
$15.00​, above​ its last closing price of $7.50. ​​​

The company's guidance on April 29 2024 for the period ended
June 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 162 million and 2 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.01        0.01       0.07      Beat    1,189.
                                                        1
 Dec. 31 2024  0.01        0.00       0.06      Beat    8,350.
                                                        7
 Sep. 30 2023  -0.06       -0.07      -0.01     Beat    85.8​
 Jun. 30 2023  -0.10       -0.10      0.00      Beat    98
 ​​Mar.        -0.11       -0.11      -0.03     Beat    72.9
 31 2023                                                
 Dec. 31 2022  -0.12       -0.12      -0.04     Beat    65.7​
 Sep. 30 2022  -0.11       -0.11      -0.06     Beat    45.2
 Jun. 30 2022  -0.13       -0.13      -0.14     Missed  -5.1
 This summary was machine generated July 23 at 21:52 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)