What's Next: Coursera's Earnings Preview

Coursera (NYSE:COUR) is gearing up to announce its quarterly earnings on Thursday, 2024-10-24. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Coursera will report an earnings per share (EPS) of $0.02.

The market awaits Coursera's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Performance in Previous Earnings

During the last quarter, the company reported an EPS beat by $0.08, leading to a 44.67% increase in the share price on the subsequent day.

Here's a look at Coursera's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.01

0

0

-0.07

EPS Actual

0.09

0.07

0.06

-0.01

Price Change %

45.0%

-14.000000000000002%

-5.0%

0.0%

Coursera Share Price Analysis

Shares of Coursera were trading at $7.62 as of October 22. Over the last 52-week period, shares are down 56.43%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Analyst Views on Coursera

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Coursera.

Coursera has received a total of 8 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target of $15.25, the consensus suggests a potential 100.13% upside.

Comparing Ratings with ...