Strategic Education Inc reports results for the quarter ended in March - Earnings Summary

Strategic Education

27/04/2023 14:33

* Strategic Education Inc  STRA.OQ  reported quarterly
adjusted
earnings of 24 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 22 cents per share.
    * Revenue fell 0.9% to $256.61 million from a year ago;
analysts
expected $259.34 million. 
    * Strategic Education Inc's reported EPS for the quarter was
a
loss of 9 cents​.
    * The mean earnings estimate of analysts had fallen by
about 69.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Strategic Education Inc shares had risen by 2.9% this
quarter and gained 18.0% so far this year.
    * The company reported a quarterly loss of $2.03 million.
    * Wall Street's median 12-month price target for Strategic
Education Inc is $103.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.22           0.24           Beat
 Dec. 31 2022      0.93           0.78           Missed
 Sep. 30 2022      0.26           0.33           Beat
 Jun. 30 2022      0.87           0.85           Missed