2U (TWOU) Scheduled to Post Earnings on Thursday

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

2U (NASDAQ:TWOU) last released its quarterly earnings results on Monday, February 12th. The software maker reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.07). The company had revenue of $255.66 million during 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 3.8 %

Shares of NASDAQ:TWOU traded down $0.01 during midday trading on Tuesday, reaching $0.26. The company’s stock had a trading volume of 255,884 shares, compared to its average volume of 2,586,564. The firm has a 50 day moving average of $0.36 and a 200-day moving average of $0.94. 2U has a 12-month low of $0.23 and a 12-month high of $5.57. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.09.

Analyst Ratings Changes

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