2U Reports Results for Second Quarter 2022
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Go back to 2U Reports Results for Second Quarter 2022
July 29, 2022 8:45 AM EDT
Needham & Company analyst Ryan McDonald lowered the price target on 2U, Inc. (NASDAQ: TWOU) to $15.00 (from $19.00) while maintaining a Buy rating.
The analyst commented, "We reiterate our Buy rating, while lowering our PT to $15 from $19 following the company's revised FY22 guidance that contemplates... More
July 29, 2022 7:19 AM EDT
BMO Capital analyst Jeffery Silber lowered the price target on 2U, Inc. (NASDAQ: TWOU) to $14.00 (from $16.00) while maintaining an Outperform rating following the results.
The analyst commented, "2Q22 revenues missed though adjusted EBITDA beat. The focus, however, was on an accelerated restructuring... More
July 28, 2022 4:27 PM EDT
2u (NASDAQ: TWOU) reported Q2 EPS of ($0.10), $0.09 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $241.5 million versus the consensus estimate of $255.32 million.
GUIDANCE:
2u sees Q3 2022 revenue to exceed $960 million, versus the consensus of $1.06... More
