What To Expect From Coursera’s (COUR) Q1 Earnings

Online learning platform Coursera (NYSE:COUR) will be announcing earnings results this Thursday after market close. Here’s what to look for.

Coursera beat analysts’ revenue expectations last quarter, reporting revenues of $196.9 million, up 9.9% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts’ EBITDA estimates but EBITDA guidance for next quarter missing analysts’ expectations significantly.

Is Coursera a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Coursera’s revenue to grow 8.7% year on year, improving from the 6.1% increase it recorded in the same quarter last year.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Coursera rarely misses Wall Street’s revenue estimates.

Looking at Coursera’s peers in the consumer internet segment, only Netflix has reported results so far. It exceeded analysts’ revenue estimates, delivering year-on-year sales growth of 16.2%. The stock was down 9.8% on the results.

There has been positive sentiment among investors in the consumer internet segment, with share prices up 13.9% on average over the last month. Coursera is up 8.2% during the same time and is heading into earnings with an average analyst price target of $9.67 (compared to the current share price of $6.47).

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