2U: Q2 Earnings Insights

2U: Q2 Earnings Insights

2U TWOU reported its Q2 earnings results on Thursday, July 28, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

2U beat estimated earnings by 47.37%, reporting an EPS of $-0.1 versus an estimate of $-0.19.

Revenue was up $4.25 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 11.0% increase in the share price the next day.

Here's a look at 2U's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.26 -0.25 -0.25 -0.16
EPS Actual -0.24 -0.20 -0.23 -0.09
Revenue Estimate 252.93M 243.48M 232.21M 233.30M
Revenue Actual 253.33M 243.62M 232.38M 237.21M

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.26 -0.25 -0.25 -0.16
EPS Actual -0.24 -0.20 -0.23 -0.09
Revenue Estimate 252.93M 243.48M 232.21M 233.30M
Revenue Actual 253.33M 243.62M 232.38M 237.21M

To track all earnings releases for 2U visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings