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Can Coursera (COUR) Keep the Earnings Surprise Streak Alive?
COURCoursera,(COUR) ZACKS·2024-10-15 17:15

Group 1 - The core viewpoint is that Coursera (COUR) is well-positioned to continue its earnings-beat streak in the upcoming report, supported by a strong historical performance in earnings surprises [1][2]. - Coursera reported earnings of 0.09pershareforthelastquarter,significantlyexceedingtheZacksConsensusEstimateof0.09 per share for the last quarter, significantly exceeding the Zacks Consensus Estimate of 0.01 per share, resulting in a surprise of 800% [2]. - The company has an average surprise of 700% over the past two quarters, indicating a consistent ability to outperform earnings expectations [1][2]. Group 2 - Recent estimates for Coursera have been increasing, with a positive Earnings ESP of +36.36%, suggesting analysts are optimistic about its near-term earnings potential [3][6]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [4][6]. - The next earnings report for Coursera is anticipated to be released on October 24, 2024 [6].