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

Coursera

27/07/2023 23:37

* Coursera Inc  COUR.N  reported quarterly breakeven
results​​ per
share for the quarter ended in June. The mean expectation of
thirteen analysts for the quarter was for a loss of 10 cents per
share.
    * Revenue rose 23.2% to $153.70 million from a year ago;
analysts
expected $145.86 million. 
    * Coursera Inc's reported EPS for the quarter was a loss
of 21
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Coursera Inc shares had risen by 2.2% this quarter and
gained 12.5% so far this year.
    * The company reported a quarterly loss of $31.74 million.
    * Wall Street's median 12-month price target for Coursera
Inc is
$17.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 10:36 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.10          0.00           Beat
 Mar. 31 2023      -0.11          -0.03          Beat
 Dec. 31 2022      -0.12          -0.04          Beat
 Sep. 30 2022      -0.11          -0.06          Beat