Coursera (COUR) Reports Q1: Everything You Need To Know Ahead Of Earnings

Online learning platform Coursera (NYSE:COUR) will be reporting results tomorrow after the bell. Here's what you need to know.

Last quarter Coursera reported revenues of $142.2 million, up 23.7% year on year, beating analyst revenue expectations by 2.97%. It was a slower quarter for the company, with underwhelming revenue guidance for the next quarter and full year. The company reported 1,150 paying users, up 43.1% year on year.

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This quarter analysts are expecting Coursera's revenue to grow 15.1% year on year to $138.6 million, slowing down from the 36.3% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.11 per share.

Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings. The company only missed Wall St's revenue estimates once over the last two years, and has on average exceeded top line expectations by 3.85%.

Looking at Coursera's peers in the consumer internet segment, some of them have already reported Q1 earnings results, giving us a hint of what we can expect. Netflix delivered top-line growth of 3.73% year on year, missing analyst estimates by 0.2% and Skillz reported revenue decline of 56.9% year on year, missing analyst estimates by 3.79%. Netflix traded down 5.95% on the results, Skillz was down 4.06%. Read our full analysis of Netflix's results here and Skillz's results here.

Investors in the consumer internet segment have had steady hands going into the earnings, with the stocks up on average 0.11% over the last month. Coursera is down 7.11% during the same time, and is heading into the earnings with analyst price target of $17.9, compared to share price of $10.06.

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The author has no position in any of the stocks mentioned.