Zovio Inc expected to post a loss of 7 cents a share - Earnings Preview

Zovio

22/10/2021 16:25

* Zovio Inc  ZVO.OQ   ZVO.O  is expected to show a fall in
quarterly revenue when it reports results on October 27. 
* The Chandler, Arizona-based company is expected to report  a
38.8% decrease in revenue to $62.55 million from $102.17 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Zovio Inc is for a loss
of 7 cents per share. For the same quarter last year, the
company reported earnings of 9 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 2 "strong buy" or
"buy," no "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 Zovio Inc is
$6.25​, about 62.9% above​ its last closing price of $2.32. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  -0.05       -0.05      -0.02     Beat    63.6
 Mar. 31 2021  -0.02       -0.01      -0.10     Missed  -566.7
 Dec. 31 2020  -0.06       -0.06      0.03      Beat    150​
 Sep. 30 2020  0.02        0.02       0.09      Beat    350
 Jun.          0.11​       0.11       0.24      Beat    118.2​
 30​ 2020​                                              
 Mar. 31 2020  -0.11       -0.11      -0.10     Beat    9.1​
 Dec. 31 2019  -0.10       -0.10      -0.15     Missed  -50
 Sep. 30 2019  -0.15       -0.15      -0.05     Beat    66.7
 This summary was machine generated October 22 at 15:25 GMT.  All
figures in US dollars unless otherwise stated