Coursera Inc reports results for the quarter ended March 31 - Earnings Summary

• Coursera Inc COUR.N reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 6 cents to 12 cents per share.

• Revenue rose 6.1% to $179.30 million from a year ago; analysts expected $175.40 million.

• Coursera Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $7.8 million.

• Coursera Inc shares had risen by 14.1% this quarter and lost 10.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 12.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"

• Wall Street's median 12-month price target for Coursera Inc is $9.50

This summary was machine generated from LSEG data April 24 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)