Coursera Shares Climb Following Better-Than-Expected Q2 Results
Portfolio Pulse from Erica Kollmann
Coursera, Inc. (NYSE:COUR) reported better-than-expected Q2 results with earnings of 9 cents per share, significantly beating the analyst estimate of 1 cent. The company also reported sales of $170.337 million, surpassing the consensus estimate of $164.413 million. Coursera shares climbed 16.33% after-hours.
July 25, 2024 | 8:56 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Coursera reported Q2 earnings of 9 cents per share, beating the analyst estimate of 1 cent by 800%. Sales were $170.337 million, surpassing the consensus estimate of $164.413 million. The stock climbed 16.33% after-hours.
The significant beat on both earnings and sales, along with the positive market reaction (16.33% increase in share price after-hours), indicates strong short-term positive impact on Coursera's stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100