Strategic Education Inc expected to post earnings of 59 cents a share - Earnings Preview

Strategic Education

23/04/2024 15:01

* Strategic Education Inc  STRA.OQ   STRA.O  is expected
to show a
rise in quarterly revenue when it reports  results on April 25
for the period ending March 31 2024
    * The Herndon Virginia-based  company is expected to report
a
6.6% increase in revenue to $273.635 million from $256.61
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Strategic Education Inc
is for
earnings of 59 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Strategic
Education Inc is $124.50​, above​ its last closing price
of $98.85. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.37        1.34       1.68      Beat    25.6
 Sep. 30 2023  0.82        0.81       0.97      Beat    19.8
 Jun. 30 2023  0.68        0.69       0.82      Beat    18.8​
 Mar. 31 2023  0.22        0.22       0.24      Beat    7.5
 ​​Dec.        0.90        0.93       0.78      Missed  -16.1
 31 2022                                                
 Sep. 30 2022  0.27        0.26       0.33      Beat    25.3​
 Jun. 30 2022  0.86        0.87       0.85      Missed  -1.9
 Mar. 31 2022  0.75        0.74       0.54      Missed  -27.4
 This summary was machine generated April 23 at 14:01 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)