Udemy Earnings Preview: Anticipating Results and Market Outlook

Earnings Release:

Udemy (UDMY) is scheduled to announce its earnings results tomorrow, post-market.

Analysts' Expectations:

Analysts forecast Udemy's revenue to rise 2.7% year-over-year to $194.7 million. Adjusted earnings per share are projected at $0.07.

Recent Performance:

Last quarter, Udemy surpassed analysts' revenue estimates by 1.4%, reporting revenue of $195.4 million. While the company exceeded EBITDA estimates, its number of monthly active buyers was in line with expectations.

Industry Insights:

Peer companies Coursera and Match Group have already reported their Q4 results. Coursera reported 6.1% revenue growth, exceeding consensus estimates. Match Group's revenue remained flat, meeting expectations.

Investor Sentiment:

The consumer subscription segment has experienced positive investor sentiment, with share prices rising 9.8% over the past month. However, Udemy's share price has declined 8% during that period.

Analyst Price Target:

Analysts have set an average price target of $10.42 for Udemy, compared to its current share price of $7.66.

Disclaimer: The information presented is for informational purposes only and should not be considered investment advice.