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

Zovio

28/07/2021 23:18

* Zovio Inc  ZVO.OQ  reported a quarterly adjusted loss of 2
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 5
cents per share.
* Revenue fell 33.4% to $69.19 million from a year ago; 
analysts expected $67.50 million. 
* Zovio Inc's reported EPS for the quarter was a loss of 12
cents​.
* The mean earnings estimate of analysts had fallen by
about 22.2% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Zovio Inc shares had fallen by 3.5% this quarter and
lost 47.3% so far this year.
* The company reported a quarterly loss of $4.03 million.
* Wall Street's median 12-month price target for Zovio Inc is
$6.25 
* 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." 
This summary was machine generated July 28 at 10:18 p.m.  ​All
figures in US dollars unless otherwise stated