Coursera Inc reports results for the quarter ended in December - Earnings Summary

Coursera

01/02/2024 22:37

* Coursera Inc  COUR.N  reported quarterly adjusted earnings
of 6
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -4
cents.  The mean expectation of fourteen analysts for the
quarter was for breakeven results per share. Wall Street
expected results to range from -5 cents to 3 cents per share.
    * Revenue rose 18.8% to $168.88 million from a year ago;
analysts
expected $164.08 million. 
    * Coursera Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The company reported a quarterly loss of $20.36 million.
    * Coursera Inc shares had fallen by 1.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 206%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for Coursera Inc is
$23.00 
This summary was machine generated from LSEG data February 1 at
10:37 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.00           0.06           Beat
 Sep. 30 2023      -0.07          -0.01          Beat
 Jun. 30 2023      -0.10          0.00           Beat
 Mar. 31 2023      -0.11          -0.03          Beat