Zovio Inc. (NASDAQ:ZVO) is set to announce second quarter earning results on Monday 3rd August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, ZVO to report 2Q20 income of $ 0.11 per share.
For the full year, analysts anticipate top line of $ 338.87 million, while looking forward to income of $ 0.10 per share bottom line.
Previous Quarter Performance
Zovio Inc. revealed loss for the first quarter of $ 0.10 per share, from the revenue of $ 97.87 million. The quarterly earnings lowered 7.48 percent while revenues compared with the same quarter last year.
The consensus estimates are loss of $ 0.11 per share from $ 96.50 million in revenue. The bottom line results beat street analysts by $ 0.01 or 9.09 percent, at the same time, top line results outshined analysts by $ 1.37 million or 1.42 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ZVO was $ 3.94, representing a 264.81 % increase from the 52 week low of $ 1.08 and a 13.22 % decrease over the 52 week high of $ 4.54.
The company has a market capital of $ 126.32 million and is part of the Consumer Defensive sector and Education & Training Services industry.
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Conference Call
Zovio Inc. will be hosting a conference call at 8:00 AM eastern time on 3rd August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.zovio.com
Zovio Inc operates as an education technology services company in the United States. The company provides data management and software to curriculum and financial aid, including enrollment, retention, academic, and tuition for higher education institutions; upskilling courses, degree programs, and certifications for employers; and programs, such as work at your own pace, certificates, micro-badge programs, and college degree programs for learners. Zovio Inc, through its subsidiary, TutorMe.com, Inc., offers online tutoring to academic institutions.
