Udemy Inc expected to post a loss of 1 cent a share - Earnings Preview

Udemy

30/04/2024 23:22

* Udemy Inc  UDMY.OQ   UDMY.O  is expected to show a rise in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The San Francisco California-based  company is expected to
report a 10.5% increase in revenue to $194.919 million from
$176.43 million a year ago, according to the mean estimate from
10 analysts, based on LSEG data.The company's guidance on
February 14 2024, for the period ended March 31, was for revenue
between $193.00 million and $196.00 million.
    * ​LSEG's mean analyst estimate for Udemy Inc is for a loss
of 1
cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"hold" and no "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 Udemy Inc
is
$15.00​, above​ its last closing price of $10.30. ​​​

The company's guidance on February 14 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of of USD0.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.01       -0.02      0.02      Beat    211.1
 Sep. 30 2023  -0.02       -0.02      0.05      Beat    363.2
 Jun. 30 2023  -0.07       -0.07      -0.01     Beat    86.6​
 Jan. 1 0001   -0.14       -0.14      -0.06     Beat    57
 ​​Jan.        -0.22       -0.23      -0.16     Beat    29.1
 1 0001                                                 
 Sep. 30 2022  -0.17       -0.18      -0.15     Beat    14.3​
 Jun. 30 2022  -0.17       -0.16      -0.10     Beat    39.3
 Mar. 31 2022  -0.15       -0.14      -0.08     Beat    44.8
 This summary was machine generated April 30 at 22:22 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)