Zovio Inc reports results for the quarter ended in December - Earnings Summary

Zovio

15/04/2022 22:56

* Zovio Inc  ZVO.OQ  reported a quarterly adjusted loss
of 23
cents​​ per share for the quarter ended in December. The lone
analyst forecast for the quarter was for a loss of 28 cents per
share.
    * Revenue fell 41.2% to $54.76 million from a year ago; 
analysts
expected $55.00 million. 
    * Zovio Inc's reported EPS for the quarter was a loss of 71
cents​.
    * The mean earnings estimate of analysts had fallen by
about 154.5% in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Zovio Inc shares had fallen by 16.7% this quarter and
lost 46.2%
so far this year.
    * The company reported a quarterly loss of $23.6 million.
    * Wall Street's median 12-month price target for Zovio Inc
is
$5.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated April 15 at 09:56 p.m.  ​All
figures in US dollars unless otherwise stated