Coursera (COUR) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Coursera reported a revenue of $170.34 million for Q2 2024, marking a year-over-year increase of 10.8% and an EPS of $0.09 compared to $0.00 a year ago [2][6] Financial Performance Metrics - Total registered learners reached 155 million, slightly above the average estimate of 152.85 million [4] - The number of degree students was reported at 22,600, compared to the estimated 22,668 [4] - Paid enterprise customers totaled 1,511, slightly exceeding the average estimate of 1,508 [4] - Consumer revenues were $97.30 million, surpassing the estimated $92.64 million, reflecting an 11.8% year-over-year increase [4] - Degree revenues amounted to $14.30 million, exceeding the estimate of $13.66 million, with a year-over-year change of 14.4% [4] - Enterprise revenues were reported at $58.70 million, slightly above the average estimate of $58.34 million, representing an 8.3% year-over-year change [4] Stock Performance - Coursera's shares have returned +11.1% over the past month, contrasting with the Zacks S&P 500 composite's -0.3% change [5] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [5]