Stride Inc expected to post a loss of 13 cents a share - Earnings Preview

Stride

21/10/2022 15:36

* Stride Inc  LRN.N   LRN  is expected to show a rise in
quarterly
revenue when it reports  results on October 25. 
    * The Reston Virginia-based  company is expected to report 
a
5.0% increase in revenue to $420.105 million from $400.23
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Stride Inc is for a
loss
of 13 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "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 Stride Inc
is
$51​, above​ its last closing price of $46.43. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.62        0.63       0.66      Beat    4.3
 Mar. 31 2022  0.83        0.84       1.02      Beat    21.7
 Dec. 31 2021  0.77        0.77       1.00      Beat    30.1​
 Sep. 30 2021  -0.11       -0.14      -0.15     Missed  -9.5
 ​​Jun.        0.15        0.15       0.25      Beat    66.7
 30 2021                                                
 Mar. 31 2021  0.46        0.47       0.57      Beat    22.3​
 Dec. 31 2020  0.49        0.49       0.60      Beat    23.1
 Sep. 30 2020  -0.30       -0.31      0.30      Beat    197.6
 This summary was machine generated October 21 at 14:36 GMT.  All
figures in US dollars  unless otherwise stated