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

Coursera

25/07/2024 23:12

* Coursera Inc  COUR.N  reported quarterly adjusted earnings
of 9
cents​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported breakeven
earnings per share.  The mean expectation of thirteen analysts
for the quarter was for earnings of one cent per share. Wall
Street expected results to range from -4 cents to 5 cents per
share.
    * Revenue rose 10.8% to $170.34 million from a year ago;
analysts
expected $164.41 million. 
    * Coursera Inc's reported EPS for the quarter was a loss
of 15
cents​.
    * The company reported a quarterly loss of $22.97 million.
    * Coursera Inc shares had risen by 0.8% this quarter and
lost 62.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 57.4%
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," 2
"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
$15.00 
This summary was machine generated from LSEG data July 25 at
10:12 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
 Jun. 30 2024      0.01           0.09           Beat
 Mar. 31 2024      0.01           0.07           Beat
 Dec. 31 2023      0.00           0.06           Beat
 Sep. 30 2023      -0.07          -0.01          Beat