2U (TWOU) reported earnings on Tue 30 July 2019 (a/h)

** charts after earnings **

 

2U misses by $0.08, beats on revs; guides Q3 EPS below consensus, revs in-line; guides FY19 EPS below consensus, revs in-line

Reports Q2 (Jun) loss of $0.43 per share, excluding non-recurring items, $0.08 worse than the S&P Capital IQ Consensus of ($0.35); revenues rose 39.1% year/year to $135.5 mln vs the $124.38 mln S&P Capital IQ Consensus.

Co issues guidancefor Q3, sees EPS of ($0.53)-($0.49), excluding non-recurring items, vs. ($0.09) S&P Capital IQ Consensus; sees Q3 revs of $147.6-152.6 mln vs. $137.70 mln S&P Capital IQ Consensus.

Co issues guidancefor FY19, sees EPS of ($1.25)-($1.16), excluding non-recurring items, vs. ($0.32) S&P Capital IQ Consensus; sees FY19 revs of $565.7-575.7 mln vs. $533.23 mln S&P Capital IQ Consensus.