2U (TWOU) Scheduled to Post Earnings on Thursday

2U (NASDAQ:TWOU) will be issuing its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce 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 released its quarterly earnings data 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 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 Stock Up 4.2 %

TWOU stock opened at $0.25 on Thursday. The company has a market cap of $20.91 million, a P/E ratio of -0.06 and a beta of 0.83. 2U has a 52 week low of $0.23 and a 52 week high of $6.10. The company’s 50-day moving average price is $0.37 and its 200 day moving average price is $0.99. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.09.

Wall Street Analyst Weigh In

TWOU has been the topic of several recent research reports. Needham & Company LLC downgraded shares of 2U from a “buy” rating to a “hold” rating in a report on Tuesday, February 13th. 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. Finally, StockNews.com initiated coverage on shares of 2U in a report on Thursday, April 18th. They issued a “hold” rating on the stock. Nine research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, 2U presently has a consensus 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.