2U (TWOU) Scheduled to Post Quarterly Earnings on Wednesday

2U (NASDAQ:TWOU) is scheduled to post its quarterly earnings results on Wednesday, April 24th.

2U (NASDAQ:TWOU) last issued its earnings results on Monday, February 12th. The software maker reported $0.43 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.07). The company had revenue of $255.66 million for the quarter, compared to analysts’ expectations 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 Price Performance

TWOU stock opened at $0.25 on Tuesday. 2U has a 52 week low of $0.24 and a 52 week high of $6.10. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.09. The company has a market cap of $20.85 million, a P/E ratio of -0.06 and a beta of 0.83. The company’s 50-day moving average price is $0.38 and its 200 day moving average price is $1.01.

Wall Street Analyst Weigh In

Several research firms recently commented on TWOU. StockNews.com assumed coverage on shares of 2U in a research report on Thursday, April 18th. They issued a “hold” rating on the stock. Morgan Stanley decreased their price objective on 2U from $2.00 to $1.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 13th. Finally, Needham & Company LLC lowered shares of 2U from a “buy” rating to a “hold” rating in a report on Tuesday, February 13th. Nine research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $4.31.

2U Company Profile

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.