Coursera Inc reports results for the quarter ended in September 30 - Earnings Summary

Coursera

27/10/2024 15:55

* Coursera Inc  COUR.N  reported quarterly adjusted earnings
of 10
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -1 cents.  The mean expectation of fourteen analysts for the
quarter was for earnings of 2 cents per share. Wall Street
expected results to range from -3 cents to 5 cents per share.
    * Revenue rose 6.4% to $176.09 million from a year ago;
analysts
expected $173.98 million. 
    * Coursera Inc's reported EPS for the quarter was a loss
of 9
cents​.
    * The company reported a quarterly loss of $13.69 million.
    * Coursera Inc shares had fallen by 4.0% this quarter and
lost 60.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.9%
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 11 "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
$10.50 
This summary was machine generated from LSEG data October 27 at
03:55 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
 Sep. 30 2024      0.02           0.10           Beat
 Jun. 30 2024      0.01           0.09           Beat
 Mar. 31 2024      0.01           0.07           Beat
 Dec. 31 2023      0.00           0.06           Beat