2U (TWOU) Set to Announce Earnings on Thursday

2U (NASDAQ:TWOU) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect 2U to post earnings of ($0.37) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

2U (NASDAQ:TWOU) last issued its quarterly earnings results on Monday, February 12th. The software maker reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.07). The business had revenue of $255.66 million for the quarter, compared to the consensus estimate of $275.84 million. 2U had a negative return on equity of 7.92% and a negative net margin of 33.58%. On average, analysts expect 2U to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

2U Trading Down 6.4 %

Shares of NASDAQ:TWOU opened at $0.25 on Wednesday. 2U has a 1 year low of $0.23 and a 1 year high of $5.57. The business has a fifty day moving average price of $0.36 and a two-hundred day moving average price of $0.93. The company has a debt-to-equity ratio of 4.09, a quick ratio of 0.97 and a current ratio of 0.97.

Analysts Set New Price Targets

A number of brokerages recently weighed in on TWOU. StockNews.com initiated coverage on shares of 2U in a report on Friday, April 26th. They issued a “hold” rating on the stock. Morgan Stanley reduced their target price on shares of 2U from $2.00 to $1.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 13th. Finally, Needham & Company LLC lowered shares of 2U from a “buy” rating to a “hold” rating in a research note on Tuesday, February 13th. Nine research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $4.31.

About 2U

2U, Inc operates as an online education platform company in the United States and internationally. The company operates through two segments, Degree Program and Alternative Credential. The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs.