Picture of Strategic Education logo

STRA — Strategic Education News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer DefensivesBalancedMid CapSuper Stock

Strategic Education Q1 revenue and adjusted EPS miss estimates

Overview

U.S. education services firm's Q1 revenue rose 0.8% but missed analyst expectations

Adjusted EPS for Q1 missed analyst expectations

Company repurchased $40 mln in shares during the quarter

Outlook

Company did not provide specific guidance or outlook for the current or future periods

Result Drivers

ETS GROWTH - Education Technology Services revenue rose 21% YOY, driven by Sophia Learning subscriber growth, higher employer-affiliated enrollment, and new Workforce Edge partnerships

SOPHIA LEARNING - Sophia Learning subscribers increased 40% YOY and revenue rose 32% YOY, supporting overall ETS growth

USHE WEAKNESS - U.S. Higher Education revenue fell 3.8% YOY, reflecting lower student enrollment and revenue per student

Company press release: ID:nBw8dBXZSa

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 RevenueMiss$305.90 mln$309.67 mln (3 Analysts)
Q1 Adjusted EPSMiss$1.41$1.49 (3 Analysts)
Q1 EPS$1.48
Q1 Adjusted Net Income$31.30 mln
Q1 Net Income$32.80 mln
Analyst Coverage 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" The average consensus recommendation for the miscellaneous educational service providers peer group is "buy" Wall Street's median 12-month price target for Strategic Education Inc is $95.00, about 13.6% above its April 22 closing price of $83.62 The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Strategic Education

See all news