* 2U Inc is expected to show a fall in quarterly revenue when it reports results on August 6 (estimated) for the period ending June 30 2024
* The Lanham Maryland-based company is expected to report a 13.3% decrease in revenue to $192.571 million from $222.09 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on May 2 2024, for the period ended June 30, was for revenue between $191.00 million and $194.00 million.
* LSEG's mean analyst estimate for 2U Inc is for a loss of $3.98 per share.
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "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.
The company's guidance on May 2 2024 for the period ended June 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD191 million and USD18 million. Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 -10.53 -10.28 -6.60 Beat 35.8
Dec. 31 0001 19.23 19.12 14.40 Missed -24.7
Sep. 30 2023 -3.88 -3.97 -4.50 Missed -13.2
Jun. 30 2023 -2.37 -2.21 -5.40 Missed -144.3
Mar. -1.61 -2.04 -3.00 Missed -46.9
31 2023
Jan. 1 0001 5.97 6.30 6.90 Beat 9.5
Sep. 30 2022 0.06 -0.81 -1.50 Missed -84.6
Jun. 30 2022 -5.17 -5.60 -3.00 Beat 46.5
This summary was machine generated August 3 at 01:44 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)
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