Strategic Education Inc reports results for the quarter ended in September 30 - Earnings Summary

Strategic Education

07/11/2024 14:38

* Strategic Education Inc  STRA.OQ  reported quarterly
adjusted
earnings of $1.16​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 97 cents.  The mean expectation of
three analysts for the quarter was for earnings of 80 cents per
share. Wall Street expected results to range from 78 cents to 82
cents per share.
    * Revenue rose 7% to $305.96 million from a year ago;
analysts
expected $301.48 million. 
    * Strategic Education Inc's reported EPS for the quarter was
$1.15​.
    * The company reported quarterly net income of $27.75
million.
    * Strategic Education Inc shares had risen by 4.2% this
quarter and gained 4.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the miscellaneous
educational service providers peer group is also "buy"

Wall Street's median 12-month price target for Strategic
Education Inc is 120.00 
This summary was machine generated from LSEG data November 7 at
02:37 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.80           1.16           Beat
 Jun. 30 2024      1.19           1.33           Beat
 Mar. 31 2024      0.59           1.11           Beat
 Jan. 1 0001       1.34           1.68           Beat